Using the pw what is the modified b-c ratio for the flood, Financial Management

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Using the pw what is the modified b-c ratio for the flood

A flood control project with a life of 16 years will require an investment of $64,842 and annual maintenance costs of $5,000. The project will provide no benefits for the first two years but will save $24,000 per year in flood damage starting in the third year. The appropriate MARR is 12% per year. Using the PW, what is the modified B-C ratio for the flood control project?

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Financial Management: Using the pw what is the modified b-c ratio for the flood

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Financial Management: Using the pw what is the modified b-c ratio for the flood

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