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Conduct a Benefits-Cost Analysis on the following Highway Project using:

Initial Costs of Tunnel $5,000,000
Annual costs for operating/maintenance 150,000
Annual savings and benefits to travelers 250,000
Residual value of benefits after horizon 350,000
Useful life of investment 30 years Interest Rate 6%

a. B-C Ratio of Annual Worth
b. B-C Ratio of Future Worth
c. B-C Ratio of Present Worth

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Conduct a Benefits-Cost Analysis on the following Highway Project using: Initial Costs-example-1
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