The following data is provided for a PPP project. To the People To the Government $1.8 million now and $200.000 every 3 years $12d000 per year Benefits $95,000 per year beginning now Cost Disbenefits $35.000 per year Savings Calculate the modified benefiticost ratios using an interest rate of 10% per year and an infinite project period. The modified B/C ratio is 0.7882
The following data is provided for a PPP project. To the People To the Government $1.8 million now and $200.000 every 3 years $12d000 per year Benefits $95,000 per year beginning now Cost Disbenefits $35.000 per year Savings Calculate the modified benefiticost ratios using an interest rate of 10% per year and an infinite project period. The modified B/C ratio is 0.7882
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The following data is provided for a PPP project
To the People
To the Government
$1.8 million ndw and $200,000 every
З уears
$12d000 per year
Benefits
$95,000 per year beginning now
Cost
Disbenefits
$35.000 per year
Savings
Calculate the modified benefit/cost ratios using an interest rate of 10% per year and an infinite project period.
The modified B/C ratio is
07682](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa1a998c8-6fa8-46a7-9059-2fa10b1d7efd%2F17133e16-7237-410b-86cd-10ba5fd82364%2Fb79onl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following data is provided for a PPP project
To the People
To the Government
$1.8 million ndw and $200,000 every
З уears
$12d000 per year
Benefits
$95,000 per year beginning now
Cost
Disbenefits
$35.000 per year
Savings
Calculate the modified benefit/cost ratios using an interest rate of 10% per year and an infinite project period.
The modified B/C ratio is
07682
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