Question 5 (6 pts): A city has two alternatives to improve its water supply - installing new pipelines or constructing a canal. (1) It will cost $125 million to install the pipeline. Major replacements are planned every 15 years at a cost of $10 million. Annual operating and maintenance costs are estimated to be $5 million. (2) The canal will cost $200 million to construct; its annual operating and maintenance costs are anticipated to be $1 million. Major upgrades of the canal are anticipated every 10 years, at a cost of $5 million. Based on a 5% interest rate and an infinitely long planning horizon (we will talk about this on Monday), which alternative has the lowest capitalized cost? Question 5 (6 pts): A city has two alternatives to improve its water supply - installing new pipelines or constructing a canal. (1) It will cost $125 million to install the pipeline. Major replacements are planned every 15 years at a cost of $10 million. Annual operating and maintenance costs are estimated to be $5 million. (2) The canal will cost $200 million to construct; its annual operating and maintenance costs are anticipated to be $1 million. Major upgrades of the canal are anticipated every 10 years, at a cost of $5 million. Based on a 5% interest rate and an infinitely long planning horizon (we will talk about this on Monday), which alternative has the lowest capitalized cost