A county will invest $4,200,000 to clean up a chemical spill that occurred following a...
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A county will invest $4,200,000 to clean up a chemical spill that occurred following a natural disaster. At the end of the 11-year planning horizon, an additional $700,000 will be spent in restoring the site to an environmentally acceptable condition. The investment is expected to produce net annual benefits that will decrease by 22% each year. The net annual public benefit in the 1st year is estimated to be $1,800,000. Determine the B/C ratio for the investment using a 5% MARR. PLS ANSWER ASAP THANK YOU! WILL GIVETHUMBS UP
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