How to determine present worth for benefit and cost

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The benefits associated with a nuclear power plant cooling water filtration project located on the Ohio River are $10,000 per year forever starting in year 1. The costs are $50,000 in year 0 and $50,000 in year 2. What is the B/C ratio at i=10% per year? Hint: Determine Present Worth for Benefit and Cost, respectively.

Reference no: EM13218359

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