The City of Saskatoon is trying to attract a new manufacturing business to the area. It has offered to install and operate a water pumping plant to provide service to the proposed plant site. his would cost $50,000 now, plus $5,000 per year in operating costs for the next 10 years, all measured in Year-0 (today's) dollars. To reimburse the Cit uniform annual fee, A, at the end of each year for 10 years. In addition, it will pay the City $50,000 at the end of 10 years. It has been agreed that the City should achievea minimum 3% real interest rate. Annual inflation rte U) is estimated to be 6.8%. Determine the minimum amount of the uniform annual fee (4). Choose an appropriate method for feasibility evaluation. y, the new business must pay a fixed