You start a private tourist attraction, and one of your first is to buy property rights to
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You start a private tourist attraction, and one of your first is to buy property rights to a rocky mountain, carve something huge into the rock may be a copy of the Mount Rushmore carving, and make a huge profit by charging people for a view. In order to out how much to charge the attraction, you need to compute the annual worth of the costs assumed infinite of the project. The expected cost of buying the land and (first cost) is $80,000,000 The expected annual operating cost is $700,000. Assume MARR OF 5%.
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