Determine the conventional B-C ratio

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The cost of building Runyang Bridge in China, the world's third longest suspension bridge, was approximately $5 million. The indefinite upkeep costs are estimated to be $403,777 per year. Annual benefits of $340,000 and annual disbenefits of $41,000 have also been identified. Using an interest rate of 17% per year, determine the conventional B-C ratio.

Reference no: EM13813553

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