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What Formula Should Be Used to Calculate Benefits to Cost

question 33

Multiple Choice

What formula should be used to calculate benefits to cost ratio?

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Definitions:

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.

CD

Compact Disc, a digital optical disc data storage format used for storing digital data, traditionally audio recordings.

California Edison

A major public utility company serving much of California, primarily involved in the generation and distribution of electricity.

Investment

The allocation of resources, usually financial, into assets with the expectation of generating income or profit in the future.

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