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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />proposed project will last a minimum of 50-years with annualized costs of less than <br />$3,500. The benefit to cost ratio of the annualized costs is 9.14. <br /> <br />5 Present Worth Comparison: The present worth of the annualized benefits was <br />estimated over a 50-year peri(), e inimum anticipated life of the project. The present <br />worth of annual payments $32,00 or 50-years at an interest rate of 5% is $572,902. <br />The present worth of the pro project is the estimated $90,000 for construction costs, <br />engineering and contingency. The direct benefit to cost ratio using this method is 6.36. <br /> <br />10 <br />