Question: What is the modified B-C ratio for the flood control project? (a) 1.53 (b) 1.33 (c) 1.76 (d) 2.20 (e) 4.80 A flood control project

What is the modified B-C ratio for the flood control project?
(a) 1.53
(b) 1.33
(c) 1.76
(d) 2.20
(e) 4.80
A flood control project with a life of 16 years will require an investment of $60,000 and annual maintenance costs of $5,000. The project will provide no benefits for the first two years but will save $24,000 per year in flood damage starting in the third year. The appropriate MARR is 12% per year. Use this information to answer problems 10-29 and 10-30. Select the closest answer.

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