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A rotary engine powers a vertical takeoff and landing (VTOL) personal alrcraft known as the Moller Skycar M400. It is a flying can known as

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A rotary engine powers a vertical takeoff and landing (VTOL) personal alrcraft known as the Moller Skycar M400. It is a flying can known as a personal air vehicle (PAV), and it is expected to make its first untethered flight in 2020. The PAV has been under development for 29 years at a total cost of $105 million Assuming the $105 million was spent in an equal amount each year, determine the future worth at the end of the 29-year period at an interest rate of 11% per year The future worth is $

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