Calculate the (a) conventional B/C ratio, (b) modified B/C ratio, and (c) PI value. Benefits: $45,000 in year 0; $30,000 in year 5 Government savings:

CEIE 301 – Engineering and Economic models in civil engineering 7.7 The cost of grading and spreading gravel on a curvy rural road is expected to be $300,000. The road will have to be maintained at a cost of $25,000 per year. Even though the new road is not very smooth, it allows access to […]