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 | |
| Original investment by government agency | $9.000 | $13.000 |
| Estimated annual costs | $0.180 | $0.180 |
| Savings in annual rent being paid to house employees | $1.320 | $1.960 |
Assume the salvage value of the apartments to be 45.0% of the first investment. Calculate the incremental BCR using 10% MARR and 20-year study period
