The B/C ratio of an investment of $10,000 that provides a benefit of $1,500 at the beginning every year for 10 years is if money is worth 9%. 2.50 O 1.38 O 1.79 1.05

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
Problem 10E
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The B/C ratio of an investment of $10,000 that provides a benefit of $1,500 at   the beginning every year for 10 years is __________, if money is worth 9%.
The B/C ratio of an investment of $10,000 that provides a benefit of $1,500 at the beginning every
year for 10 years is
if money is worth 9%.
2.50
O 1.38
O 1.79
1.05
Transcribed Image Text:The B/C ratio of an investment of $10,000 that provides a benefit of $1,500 at the beginning every year for 10 years is if money is worth 9%. 2.50 O 1.38 O 1.79 1.05
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