A flood control project with a life of 14 years will require an investment of $57,000 and annual maintenance costs of $4,000. The project will provide no benefits for the first three years but will...

Extracted text: A flood control project with a life of 14 years will require an investment of $57,000 and annual maintenance costs of $4,000. The project will provide no benefits for the first three years but will save $22,000 per year in flood damage starting in the fourth year. The appropriate MARR is 11% per year. What is the modifie B-C ratio for the flood control project? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 11% per year. Choose the closest answer below. i More Info O A. The modified B-C ratio for the flood control project is 3.43. O B. The modified B-C ratio for the flood control project is 1.26. O C. The modified B-C ratio for the flood control project is 1.18. Discrete Compounding; i= 11% Uniform Series Single Payment Compound Amount O D. The modified B-C ratio for the flood control project is 1.75. Compound Amount Sinking Fund Factor To Find A Сaptal Recovery Factor O E. The modified B-C ratio for the flood control project is 1.64. Present Worth Factor Present Factor Factor Worth Factor To Find P To Find F Given A FIA To Find F To Find P To Find A Given A Given F AIF Given P Given F Given P FIP PIF PIA AIP 1 1.1100 0.9009 1.0000 0.9009 1.0000 1.1100 2 1.2321 0.8116 2.1100 1.7125 0.4739 0.5839 3 1.3676 0.7312 3.3421 2.4437 0.2992 0.4092 4.7097 6.2278 4 1.5181 0.6587 3.1024 0.2123 0.3223 1.6851 0.5935 3.6959 0.1606 0.2706 6 1.8704 0.5346 7.9129 4.2305 0.1264 0.2364 0.4817 0.4339 7 2.0762 9.7833 4.7122 0.1022 0.2122 8 2.3045 11.8594 5.1461 0.0843 0.1943 9 2.5580 0.3909 14.1640 5.5370 0.0706 0.1806 10 2.8394 0.3522 16.7220 5.8892 0.0598 0.1698 3.1518 3.4985 0.0511 0.0440 0.0382 0.0332 11 0.3173 19.5614 6.2065 0.1611 12 0.2858 22.7132 6.4924 0.1540 13 3.8833 0.2575 26.2116 6.7499 0.1482 14 4.3104 0.2320 30.0949 6.9819 0.1432 15 4.7846 0.2090 34.4054 7.1909 0.0291 0.1391 16 5.3109 0.1883 39.1899 7.3792 0.0255 0.1355 0.0225 0.0198 0.0176 0.1325 0.1298 17 5.8951 6.5436 0.1696 44.5008 7.5488 18 0.1528 50.3959 7.7016 56.9395 64.2028 19 7.2633 0.1377 7.8393 0.1276 20 8.0623 0.1240 7.9633 0.0156 0.1256