The Greater New Orleans High Level levee project will protect a population of 593, 700 people and has these attributes: What is the present value of the project costs at the start of 2017? Assume a discount rate of 3% per year, compounded annually. If the entire population paid a one-time tax at the start of 2017 to finance the project, how much would each person have to pay? Assume the money would be invested at a return of 3% per year. If an annual tax every year for the next 25 years is used instead to finance the project, how much would each person pay per year? Assume the first tax is paid at the start of 2017. How much more would each person pay in total under the 25-year annuity plan compared to the one-time payment