The Parks and Recreation Department of Burkett County has estimated that the initial cost of a bare-bones
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The Parks and Recreation Department of Burkett County has estimated that the initial cost of a "bare-bones" permanent river park will be $2.3 million. Annual upkeep costs are estimated at $120,000. Benefits of $340,000 per year and disbenefits of $40,000 per year have also been identified. Using a discount rate of 6% per year, calculate
(a) The conventional B/C ratio
(b) The modified B/C ratio.
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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a Use an AW basis B 340000 D 40000 C 2300000006 120000 ...View the full answer
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