a. Compute the net present value of the new landfill.

Jefferson County's Board of Representatives is considering the purchase of a slte for a new sanltary landfill. The purchase price for the site s $190,000 and preparatory work will cost $69,900. The landfill would be usable for 10 years. The board hired a consultant, who estimated that the new landfill would cost the county $46,000 per year less to operate than the county's current landfill. The current landfill also will last 10 more years. For a landfill project, Jefferson County can borrow money from the federal government at a subsidized rate. The county's hurdle rate is only 8 percent for this project. Use Appendix A for your reference. (Use appropriate factors) from the tables provided.) 3.33 points Required a. Compute the net present value of the new landfil Net present value