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Excel Hydro is also considering building a nuclear power plant, which will be ready for production in 2030. The country's governing body is also considering

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Excel Hydro is also considering building a nuclear power plant, which will be ready for production in 2030. The country's governing body is also considering a decommissioning ability for the operator to put aside $1 million every month towards decommissioning cost. If the production life of the plant is 60 years and the operator puts the money at the end of the mon In a savings account, earning 7.25 compounded monthly During the 60 years of the production ide of the plant the operator will put $1 million at the end of the month in a savings account, earning 7 25% compounded monthly At the end of th production life of the plant there are no more contributions and the money is expected to grow at the rate of 6% compounded quarterly for the next 30 years 1. How many months before the maturity date did the sale take place? 2 What will be the value of the decommissioning fund after 60 years of production? What will be the value of the decommissioning fund in 21207 How much interest is included in the future value in 21207 2 4

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