Oil from a specific type of marine microalgae can be converted into biodiesel thatmay serve as an alternate transportable fuel for automobiles and trucks. If linedponds are used to grow the algae, the construction cost is $14 million andthe M&O cost is estimated at $2.3 million per year. Alternatively, if long plastic tubes areused for growing the algae, the initial cost will be higher at $22 million, but lesscontamination will render the M&O cost lower at $0.5 million per year. At aninterest rate of 10% per year and a 5-year project period, which system is betterponds or tubes? Use a present worth analysis.