Pollution control equipment for a pulverized coal cyclone, Ask an Expert

Economics

Pollution control equipment for a pulverized coal cyclone furnace is expected to cost $190,000 two years from now and another $120,000 four years from now. If Monongahela Power wants to set aside enough money now to cover these costs, how much must be invested at an interest rate of 8% per year compounded quarterly?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91925327

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