Problem
How many statistical lives per year must be saved to justify a new bypass around a large city that will cost $12.5M to construct and $135K per year to maintain? Time savings for motorists using the bypass are valued at $100K annually. The city uses 7% to evaluate capital projects, and the bypass is expected to handle traffic for 40 years.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.