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Because of chronic water shortage in Santa Fe new athletic fields must use artificial

Because of chronic water shortage in Santa Fe, new athletic fields must use artificial turf or xeriscape landscaping.  If the value of the water saved per month is $6,000, how much can a private developer afford to spend on artifical turf if he wants to recover his investment in 5 years at an interest rate of 18% per year, compounded continuously?

Apr 30 2018 View more View Less

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