question 4

4. (15) How much would you pay (present value at time 0) for a municipal bond that will pay a monthly dividend of $80 at the end of every month for the next 5 years and can be redeemed (sold by you) at the end of 5 years (or 60 months) for $10,000 which you keep? Use a MARR = 6% compounded monthly. 5. (25) Truck model A in problem I will cost $3,000 per year to operate and maintain and will generate