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I need the answer as soon as possible 20 points The construction cost of a cement factory is (500 million) U. The factory produces 10
I need the answer as soon as possible
20 points The construction cost of a cement factory is (500 million) U. The factory produces 10 tons per day and the cost of one ton of cement is (10000) U. The production cost distributed in a uniform annual cost since year 1 until year 19. The price of one tone of cement is (15000) U. The revenues distributed in a uniform annual revenue since year 2 until year 20. At year 20 the factory has been sold with (250 million) U. What is the total number of tons that have been sold until the factory has been sold? (Consider that the factory production is every day of the year (365 day) and the interest rate is 10%) * 20 points The construction cost of a cement factory is (500 million) U. The factory produces 10 tons per day and the cost of one ton of cement is (10000) U. The production cost distributed in a uniform annual cost since year 1 until year 19. The price of one tone of cement is (15000) U. The revenues distributed in a uniform annual revenue since year 2 until year 20. At year 20 the factory has been sold with (250 million) U. What is the total number of tons that have been sold until the factory has been sold? (Consider that the factory production is every day of the year (365 day) and the interest rate is 10%) *Step by Step Solution
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