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1. Two alternatives are considered for covering a football field: The first is to plant natural grass and the second is to install AstroTurf. Interest

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1. Two alternatives are considered for covering a football field: The first is to plant natural grass and the second is to install AstroTurf. Interest rate is 10%/year. Assume the field is to last a long time. Alternative A: Natural Grass - Replanting will be required each 10 years at a cost of $10,000. Annual cost for maintenance is $5,000. Equipment must be purchased for $50,000 which will be replaced after 5 years with a salvage value of $5,000. Alternative B: Astro Turf: Initial investment of $150,000 and $5,000/year maintenance costs (10 Points) Choose Alternative A or Alternative B below. Then you need to upload your solution on moodle before 6:35PM

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