With interest at 10%, what is the benefit-cost ratio for this government project? Initial Cost $201,767 Additional costs at the end of year 1 and year 2 $28,755/year $0/year Benefits at end of year 1 and year 2 Annual benefits at end of year 3 through year 10 Enter your answer as follow: 12.34 $108,308/year
With interest at 10%, what is the benefit-cost ratio for this government project? Initial Cost $201,767 Additional costs at the end of year 1 and year 2 $28,755/year $0/year Benefits at end of year 1 and year 2 Annual benefits at end of year 3 through year 10 Enter your answer as follow: 12.34 $108,308/year
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![With interest at 10%, what is the benefit-cost ratio for this government project?
Initial Cost
$201,767
Additional costs at the end of year 1 and
year 2
Benefits at end of year 1 and year 2
Annual benefits at end of year 3 through
year 10
Enter your answer as follow: 12.34
$28,755/year
$0/year
$108,308/year](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F74bd7be2-1096-490a-90c4-ff7c297f5b39%2F55bc7465-7262-47a1-8f99-044e9ef9c1fc%2Fncuhzi4_processed.png&w=3840&q=75)
Transcribed Image Text:With interest at 10%, what is the benefit-cost ratio for this government project?
Initial Cost
$201,767
Additional costs at the end of year 1 and
year 2
Benefits at end of year 1 and year 2
Annual benefits at end of year 3 through
year 10
Enter your answer as follow: 12.34
$28,755/year
$0/year
$108,308/year
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