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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 44
A proposal to reduce traffic congestion on I-5 has a B/C ratio of 1.4. The annual worth of benefits minus disbenefits is $560,000. What is the first cost of the project if the interest rate is 6% per year and the project is expected to have a 20-year life
Explanation
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The formula for B/C ratio is as follows:...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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