Canadian government is considering building apartments for government employees working in a foreign country and living
Posted: Thu May 19, 2022 8:53 am
Canadian government is considering building apartments for government employees working in a foreign country and living in locally owned housing. Two alternatives are being evaluated (all values in millions of $$): Building X Building Y $9.500 $13.500 $0.200 $0.240 Original investment by government agency Estimated annual costs Savings in annual rent being paid to house employees $1.320 $1.960 Assume the salvage value of the apartments to be 40.0% of the first investment. Calculate the incremental BCR using 10% MARR and 20-year study period