please use excel A city government is considering increasing the capacity of...

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A city government is considering increasing the capacity of the current wastewater treatment plant. The estimated financial data for the project are as follows: 25 years Description Data Capital investment $1,200,000 Project life Incremental annual benefits $250,000 Incremental annual costs $100,000 Salvage value $50,000 Discount rate 6% What would be the benefit-cost ratio for this expansion project? (a) 3.26 (b) 3.12 (c) 1.30 (d) 2.23

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