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antiseptic1488 [7]
3 years ago
8

A flood control project at Pleasant Valley dam is projected to cost $2,000,000 today, have annual maintenance costs of $50,000,

and have major inspection and upkeep after each 5-year interval costing $250,000. If the interest rate is 10%/year, what is the total capitalized cost of the project?
Business
1 answer:
statuscvo [17]3 years ago
4 0

Answer:

$2,909,500

Explanation:

See attached file

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5 0
4 years ago
Fill in the blanks:
givi [52]

Answer:

Explanation:

Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab-a practice known as DEBT_ finance

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7 0
3 years ago
Suppose a bank has $600 million in deposits and $30 million in required reserves, and it is holding no excess reserves. What is
Kruka [31]

Answer:

5%

Explanation:

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Required reserve ratio= required Reserve/deposit

= 30 million/600 million

= 0.05×100

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