Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Management Posted 25 Oct 2017 My Price 3.00

Adams Construction Company

The Adams Construction Company is bidding on a project to install a large flood drainage culvert from Dandridge to a distant lake. If they bid $2,000,000 for the job, what is the benefit-cost ratio in view of the following data? The MARR is 6% per year, and the project’s life is 30 years.

 

Initial construction bid                                                                                                  $2,000,000

 

Right of way maintenance                                                                                            $30,000 per year

 

Major upkeep every six years, starting at the present time                             $50,000

Annual benefit to the taxpayers                                  

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Oct 2017 09:10 AM My Price 3.00

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