Street Beautification Example (Incremental B-C Review)

Street Beautification Example (Incremental B-C Review) -...

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Street Beautification Example (Incremental B-C Review) The City of Memphis is evaluating three street beautification projects to bring more residents downtown for shopping and dining: 1. Install benches, tables, and trash cans to encourage street vendors at a cost of $120,000; Benefits = $100,000/yr in sales tax revenue. 2. Re-open Main Street to vehicular traffic and add on-street
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Unformatted text preview: parking at a cost of $150,000; Benefits = $175,000/yr in sales tax revenue. 3. Provide grants to beautify existing store fronts at a cost of $100,000/yr; Benefits = $150,000/yr in sale tax revenue. Analyze these projects over a 10-year lifespan. Assume an MARR of 4% per year....
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This note was uploaded on 12/07/2011 for the course CIVL 4111 taught by Professor Moore,l during the Fall '08 term at U. Memphis.

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