SOLUTION: A commercial building is proposed to be built in a subdivision. The initial cost is estimated to be 20,500,000.00 with annual maintenance and operational cost of 480,000.00. For au

Question 1121254: A commercial building is proposed to be built in a subdivision. The initial cost is estimated to be 20,500,000.00 with annual maintenance and operational cost of 480,000.00. For austhetic view, it is necessary to be painted every five years at a cost of 500,000.00. Annual income from tenants is expected to be 3,200,000.00. Assuming an annual interest rate of 9% and a 30-year planning horizon. find the benefit - cost ratio.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

This is a Mathematics help website and is an inappropriate forum for your Economics question.

John

My calculator said it, I believe it, that settles it

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