Cleanville Environmental Services is evaluating two alternative methods for the disposing of municipal waste. The first involves developing a landfill site near the city. Costs of the site include $1,000,000 start-up costs, $95.000 closedown costs 30 years from now, and operating costs of $21,000 per year. Starting in 5 years, it is expected that there will be revenues from user fees of $27,000 per year. The alternative is to ship the waste out of the region. An area firm will agree to a long-term contract to dispose of the waste for $130,000 per year. Using the annual worth method, which alternative is economically preferred for a MARR of 15 percent? Click the icon to view the table of compound interest factors for discrete compounding periods when i = 15% V is the economically preferred choice. The annual cost of the landfill is $. The annual cost of the long-term contract is $130,000. The (Round to the nearest dollar as needed.) 11/11/21, 12:13 AM Compound Interest Factors for Discrete Compounding, Discrete Cash Flows (1+15%) N 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Single Payment Compound Present Amount Worth Factor Factor (F/P.I.N) (P/F,I,N) 1.1500 0.86957 1.3225 0.75614 1.5209 0.65752 1.7490 0.57175 2.0114 0.49718 2.3131 0.43233 2.6600 0.37594 3.0590 0.32690 3.5179 0.28426 4.0456 0.24718 4.6524 0.21494 5.3503 0.18691 6.1528 0.16253 7.0757 0.14133 8.1371 0.12289 9.3576 0.10686 10.761 0.09293 12.375 0.08081 14.232 0.07027 16.367 0.06110 18.822 0.05313 21.645 0.04620 24.891 0.04017 28.625 0.03493 32.919 0.03038 37.857 0.02642 43.535 0.02297 50.066 0.01997 57.575 0.01737 66.212 0.01510 76.144 0.01313 87.565 0.01142 100.70 0.00993 115.80 0.00864 133.18 0.00751 267.86 0.00373 538.77 0.00186 1083.7 0.00092 2179.6 0.00046 Uniform Series Series Arithmetic Sinking Uniform Capital Present Gradient Fund Series Recovery Worth Series Factor Factor Factor Factor Factor (AJF,1,N) (FIA,1,N) (A/P,1,N) (PIA,1,N) (A/G.I.N) 1.0000 1.00000 1.1500 0.86957 0.00000 0.46512 2.1500 0.61512 1.6257 0.46512 0.28798 3.4725 0.43798 2.2832 0.90713 0.20027 4.9934 0.35027 2.8550 1.3263 0.14832 6.7424 0.29832 3.3522 1.7228 0.11424 8.7537 0.26424 3.7845 20972 0.09036 11.067 0.24036 4.1604 24498 0.07285 13.727 0.22285 4.4873 2.7813 0.05957 16.786 0.20957 4.7716 3.0922 0.04925 20.304 0.19925 5.0188 3.3832 0.04107 24,349 0.19107 5.2337 3.6549 0.03448 29.002 0.18448 5.4206 3.9082 0.02911 34.352 0.17911 5.5831 4.1438 0.02469 40.505 0.17469 5.7245 4.3624 0.02102 47.580 0.17102 5.8474 45650 0.01795 55.717 0.16795 5.9542 4.7522 0.01537 65.075 0.16537 6.0472 4.9251 0.01319 75.836 0.16319 6.1280 5.0843 0.01134 88.212 0.16134 6.1982 52307 0.00976 102.44 0.15976 6.2593 5.3651 0.00842 118.81 0.15842 6.3125 5.4883 0.00727 137.63 0.15727 6.3587 5.6010 0.00628 159.28 0.15628 6.3988 5.7040 0.00543 184.17 0.15543 6.4338 5.7979 0.00470 212.79 0.15470 6.4641 5.8834 0.00407 245.71 0.15407 6.4906 5.9612 0.00353 283.57 0.15353 6.5135 6.0319 0.00306 327.10 0.15306 6.5335 6.0960 0.00265 377.17 0.15265 6.5509 6.1541 0.00230 434.75 0.15230 6.5660 6.2066 0.00200 500.96 0.15200 6.5791 6.2541 0.00173 577.10 0.15173 6.5905 6.2970 0.00150 664.67 0.15150 6.6005 6.3357 0.00131 765.37 0.15131 6.6091 6.3705 0.00113 881.17 0.15113 6.6166 6.4019 0.00056 1779.1 0.15056 6.6418 6.5168 0.00028 3585.1 0.15028 6.6543 6.5830 0.00014 7217.7 0.15014 6.6605 6.6205 0.00007 14524.0 0.15007 6.6636 6.6414 31 32 33 34 35 40 45 50 55