With interest at 10%, what is the benefit-cost ratio for this government project? Initial Cost $208,355 Additional costs at the end of year 1 and 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 $23,720/year $0/year $91,825/year

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
Problem 10E
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With interest at 10%, what is the benefit-cost ratio for this government project?
Initial Cost
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
2
Enter your answer as follow 12.34
$208,355
$23,720/year
$0Ayear
$91.825/year
Transcribed Image Text:With interest at 10%, what is the benefit-cost ratio for this government project? Initial Cost 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 2 Enter your answer as follow 12.34 $208,355 $23,720/year $0Ayear $91.825/year
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