The State Legislative Budget Board approved adding 4000 surveillance cameras along the 800-mile Texas-Mexico border from El Paso to Brownsville at a cost of $300 per camera. In addition to the cost of the cameras, manpower and other resources are expected to cost $3.2 million per year. The benefits associated with interception of people and drugs are estimated to be $5.1 million per year. What is the conventional B/C ratio at an interest rate of 6% per year over a 10-year project period?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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The State Legislative Budget Board approved adding
4000 surveillance cameras along the 800-mile
Texas-Mexico border from El Paso to Brownsville
at a cost of $300 per camera. In addition to the cost
of the cameras, manpower and other resources are
expected to cost $3.2 million per year. The benefits
associated with interception of people and drugs
are estimated to be $5.1 million per year. What is
the conventional B/C ratio at an interest rate of 6%
per year over a 10-year project period?

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