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Can you post the excel info too please? Maintenance money is being sought for a new community park. A donor has been identified who to
Can you post the excel info too please?
Maintenance money is being sought for a new community park. A donor has been identified who to cover all future expected maintenance cost for the park in exchange for naming it for his father. These maintenance costs are expected to be exist40,000 each year. Every 10 years it is anticipated that every 10 years exist15,000 will be spent on equipment replacement. The park has an indefinite service life. How much should be put into a account that will pay 8% interest to pay the maintenance and equipment replacement over its infinite life? Ans. existxxx, xxx
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