Question 1 Section 1) Income from recycling the paper and cardboard generated in an office building has averaged $3400 per month for the past 6 years. What is the income streams future worth at an interest rate of 7% per year, compounded annually? The income streams future worth is $

Question 1 Section 2) Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $250,000, 2 years from now, and, an additional $120,000, 5 years from now. If Monongahela Power wants to set aside enough money now, to cover these future costs, how much must be invested at an interest rate of 8% per year, compounded semi-annually? At 8% interest, Monongahela Power has to invest $