Sparklington county is investing in a new bridge what is


Sparklington County is investing in a new bridge. It has a first cost of $86753744. It will have annual maintenance costs of $201975 which will increase by $56306 each subsequent year. It will have an initial benefit of $41454631 which will decrease by 14% each subsequent year. It has a lifespan of 41 years. Using a MARR of 4%, what is the Benefit-Cost ratio of the project?

Enter your answer as: 1.23 (Calculate to 2 decimal places only.)

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Financial Management: Sparklington county is investing in a new bridge what is
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