A project being consider by a local government has the following estimated benefit
A project being consider by a local government has the following estimated benefit – cost data
$1000 investment for the first 2 years and then recurring cost of $5000 for the coming 2 years and
$8000 for year 5& 6 respectively. Also there are benefits of $20,000, $30,000, $ 30,000 and
$20,000 starting from the third year. Consider the interest rate to be 10%, design an optimal
solution to perform cost-benefit analysis and conclude if the project is suitable or not.