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At i=12% per year, determine theminimum first cost, Xthat is possible to render the project to beeconomically unjustified.The following estimates have been developed for the project:

At i=12% per year, determine the minimum first cost, X that is possible to render the project to be economically unjustified. The following estimates have been developed for the project: Item Cash Flow First Cost, $ X AW of Benefits, $ per year 4,500 FW of Disbenefits, $ 6,750 M&O costs, $ per year 500 Life, years 20