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4. (a) You wish to withdraw 15,000 from a fund each year forever. The interest rate available is 3% per year, what amount must be

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4. (a) You wish to withdraw 15,000 from a fund each year forever. The interest rate available is 3% per year, what amount must be deposited at t-o to allow this? A government funded project costs 500,000 att 0. Annual maintenance will be 30,000. Ev major refresh will be required which costs 75,000. An interest rate of 6% will be assumed T ct will go on indefinitely (forever). is the governing equation in this situation for the Capitalized Cost (PW)? 4. (a) You wish to withdraw 15,000 from a fund each year forever. The interest rate available is 3% per year, what amount must be deposited at t-o to allow this? A government funded project costs 500,000 att 0. Annual maintenance will be 30,000. Ev major refresh will be required which costs 75,000. An interest rate of 6% will be assumed T ct will go on indefinitely (forever). is the governing equation in this situation for the Capitalized Cost (PW)

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