uppose that a town council is looking into two options to deal with some hazardous waste: Option 1: Pay a hazardous waste disposal firm to remove the waste at a cost of $90,000. Option 2: Bury the waste with the necessary precautions at a cost of $10,000 now and have it removed after 50 years at a cost of $100,000. This option would involve a safety monitoring of the site for $2,500 a year. Which option should the town council take at the discount rate of 7%?