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Consider a project X that lives for 3 years: 2023, 2024, 2025. In 2023 it costs $70 billion to build the project and in 2023

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Consider a project "X" that "lives" for 3 years: 2023, 2024, 2025. In 2023 it costs $70 billion to build the project and in 2023 the project, immediately, has a benefit of $30 billion that year. The project also yields a benefit of $30 billion per year in 2024 and 2025. In the year of 2025 there will also be a $10 billion in costs incurred to dispose of the waste from the project. If the market interest rate is 10%, should the project be undertaken? Show your work. (10 points)

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