Determine present worth for benefit and cost with a project

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Reference no: EM13313819

Benefits associated with a project are $10,000 forever starting in year 1. The costs are $20,000 in year 0 and $20,000 in year 3. What is the B/C ratio at i=12% per year. First determine present worth for benefit and cost, respectively.

Reference no: EM13313819

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