The City of Melon is considering a treatment plant with an initial investment of $35 million and a life of 30 years. The city uses a rate of 4% per year compounded yearly. If the plant would be needed indefinitely, what is the total investment that the city should budget for the project?

Answers:	A) $17.35M
	B) $23.27M
	C) $50.6M
	D) $61.03M

Could you please work the problem out in excel, and show the steps you use to get the answer?

thanks for your help!!