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Estimated costs are $300,000 in Year 1 and $30,000 each year in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and
Estimated costs are $300,000 in Year 1 and $30,000 each year in Years 2, 3, and 4. Estimated benefits are $0 in Year 1 and $150,000 each year in Years 2, 3, and 4. Use a 6 percent discount rate, and round the discount factors to two decimal places. What is the total discounted cost? (Keep your answer in two decimal places. e.g. 446929.98. Do not enter $ symbol.)
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