4 C ZOOM + . Page of 8 6. (15 pts) A community plans to build a landfill to dispose of solid waste for the next 20 years. The cost estimates and expected revenue ate: Landfill construciton cost $7,600.000 Start-up cost = $500,000 Operation and maintenence cost per year =$1,000,000 Tipping fees received per year - $4,500,000 Assume that citizens will only support the new landfill facility if the benefit/cost ratio is greater than 15. At a 7% interest rate over the 20 years life, determine if the landfill should be built. You may use the following formula for cash flow transformation: (1 + )"-1 PA (1+)" where I is interest rate per interest period, nis number of interest period, Pis sum of money at a time denoted as present and A is a series of equal, consecutive, and end-of-period amounts of money annual equivalent cash flow in thiscase) The term in the bracket is called the uniform series Present Worth Factor (PWF)