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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 59
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 dis- benefits of $40,000 per year have also been identified. Using a discount rate of 6% per year, calculate
a) the conventional B/C ratio and b) the modified B/C ratio.
a) the conventional B/C ratio and b) the modified B/C ratio.
Explanation
Verified
Verified
The formula for B/C ratio is as follows:...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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