For all problems, your answers should provide $($a$)$ Timeline, $($b$)$ Financial equation, $($c$)$ Algebraic

equation, and $($d$)$ Answer in $9$ decimal places in sequence

A project costs $$200,000$ per year for $5$ years, starting immediately. You reckon that it will produce

an cash inflow after operating costs of $$170,000$ a year for $10$ years, starting $3$ years from now. The

opportunity cost of capital is $17$ percent.

a$.$ What is the present value of costs?

b$.$ What is the present value of the cash inflows?

c$.$ Based on these cost and cash inflow estimates, what is your recommendation?