SpaceX is looking at buying a warehouse scale virtual reality system to simulate space travel around the Earth. The system is designed as an indoor roller coaster with VR headsets to get the look and feel of this travel, with room for modifications and future improvements. This system will cost $20,000,000 up front, with about $150,000 per year to maintain and 3 employees to operate it at $100,000 each. What is the annual equivalent cost of this system at a rate of return of 20% and a 8 year project life? (Hint: How much would this be equivalent to spending every year for years 1-8 including the initial investment? Note: This number will be positive because it asks for equivalent cost) $8,325,135 $5,662,188 $712,457,235 $304,235,138