The federal government is considering to build a parking lot on what used to be a forest. These are…

The federal government is considering to build a parking lot on what used to be a forest. These are…

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The federal government is considering to build a parking lot on what used to be a forest.
These are the benefits and costs of the project:
Years
Costs
Construction of parking lot
Foregone recreation
Benefits
Parking lot revenue
0
231
135
247
88
3 4
160 234 242
226
Employment
226
Using the information above, what is the present value of the net benefits of the project assuming a 37% discount rate?
122
54
241 107
50
149

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The present value of the net benefits of the project is calculat
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