The federal government is considering to build a parking lot on what used to be a forest. These are the benefits and costs of the project: Years Costs Construction of parking lot Foregone recreation Benefits Parking lot revenue 0 153 227 170 90 140 214 2 91 3 4 215 93 256 273 296 107 155 260 Employment Using the information above, what is the present value of the total costs assuming a 34% discount rate?

The federal government is considering to build a parking lot on what used to be a forest. These are the benefits and costs of the project: Years Costs Construction of parking lot Foregone recreation Benefits Parking lot revenue 0 153 227 170 90 140 214 2 91 3 4 215 93 256 273 296 107 155 260 Employment Using the information above, what is the present value of the total costs assuming a 34% discount rate?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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