Business, 05.05.2020 19:31 alexisnichols2001
A proposed bridge on the interstate highway system is being considered at the cost of $2 million. It is expected that the bridge will last 20 years. The federal and state governments will pay these construction costs. Operation and maintenance costs are estimated to be $180,000 per year. Benefits to the public are estimated to be $ 833,723 per year. The building of the bridge will result in an estimated cost of $ 251,226 per year to the general public. The project requires a 10% return. Determine the B/C ratio for the project. Consider the $ 251,226 cost to general public a disbenefit (negative benefit).
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A proposed bridge on the interstate highway system is being considered at the cost of $2 million. It...
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