subject
Business, 02.07.2019 03:10 AnaiyaKirksey8

Fenland co. plans to retire $100 million in bonds in five years, so it wishes to create a fund by making equal investments at the beginning of each year during that period in an account it expects to earn 8% annually. what amount does fenland need to invest each year?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 21:10
You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?
Answers: 1
question
Business, 23.06.2019 02:00
Suppose that a major city’s main thoroughfare, which is also an interstate highway, will be completely closed to traffic for two years, from january 2014 to december 2015, for reconstruction at a cost of $535 million. if the construction company were to keep the highway open for traffic during construction, the highway reconstruction project would take much longer and be more expensive. suppose that construction would take four years if the highway were kept open, at a total cost of $800 million. the state department of transportation had to make its decision in 2014, one year before the start of construction (so that the first payment was one year away). so the department of transportation had the following choices: (i) close the highway during construction, at an annual cost of $267.5 million per year for two years. (ii) keep the highway open during construction, at an annual cost of $200 million per year for four years. now suppose the interest rate is 80%. calculate the present value of the costs incurred under each plan.
Answers: 3
question
Business, 23.06.2019 22:30
In this question, a biomolecule structure will be presented and the goal is to put the constituents and the bonds that join them in order. the answer choices will not necessarily include all the constituents or bonds, so just place the descriptions in order as you work your way across the biomolecule from right to left
Answers: 2
question
Business, 24.06.2019 00:30
Casey buys a bracelet. she pays for the bracelet and pays $0.72 in sales tax. the sales tax rate is 6%. what is the original price of the bracelet, before tax? \$\
Answers: 1
You know the right answer?
Fenland co. plans to retire $100 million in bonds in five years, so it wishes to create a fund by ma...
Questions
question
Mathematics, 11.02.2021 05:20
question
History, 11.02.2021 05:20
question
Mathematics, 11.02.2021 05:20
question
Health, 11.02.2021 05:20
question
History, 11.02.2021 05:20