Project $x$ has an initial investment cost of $$20\mathrm{.}0$ million. After $10$ years it will have a salvage value of $$2\mathrm{.}0$ million. This project will generate annual revenues of $$5\mathrm{.}5$

million per year and will have an annual operating cost of $$1\mathrm{.}8$ million. If the company's rate of return is $8\%($i$.$e$.,i=8\%),$ what is the Net Present Value $($NPV$)$ of this

investment, assuming a $10-$year life of the project?

A$.+$$$19\mathrm{.}000$ million

B$.-$$$2\mathrm{.}444$ million

C$.+$$$8\mathrm{.}756$ million

D$.+$$$5\mathrm{.}754$ million