Estimating the community benefits

Reference no: EM131806739

Question: Use EAWs to calculate the benefit/cost ratio at i = 6% for a new library. The first cost is $500K, and O&M costs are $100K per year. There is no salvage value after 30 years. Community benefits are estimated to be $130K per year. Is the library economically justified? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131806739

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