9:38 O A O 4 .l 414 4woa9idón4Eqd0c32r5kmr.J. A university is considering two alternative types of bleachers for a new gymnasium. One of the two alternatives will be chosen. Assume that the benefits...

Extracted text: 9:38 O A O 4 .l 414 4woa9idón4Eqd0c32r5kmr.J. A university is considering two alternative types of bleachers for a new gymnasium. One of the two alternatives will be chosen. Assume that the benefits of the gymnasium are the same for both construction methods. Alternative A: Wooden bleachers on earth fill The first cost of $110.000 for the earth fill and $100.000 for the wooden bleachers. The annual painting costs are $5.000. The wooden bleachers must be replaced every 30 years at a cost of $100,000. The earth fill will last the entire 120 years Alternative B: Concrete Bleachers The first cost is $350,000. The expected life of the concrete bleachers is 120 years and the annual upkeep costs are $2.500 The university Uses a MARR of 7%. Which of the two alternatives is better? Opening in Google Drive.