sorry this is by mistake please return this question, by mistake two subjects are mergerd sorry for that

Excel Hydro took a loan contract which requires a payment of $40 million plus interest two years after the contract's date of issue. The interest rate on the $10 million face value is 9.6% compounded quarterly. Before the maturity date, the original lender sold the contract to a pension fund for $43 million. The sale price was based on a discount rate of 8.5% compounded semi-annually from the date of sale 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 liability law 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 month in a savings account, carning 7.25% compounded monthly During the 60 years of production life 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 the 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 How many months before the maturity date did the sale take place? What will be the value of the decommissioning fund after 60 years of production? 1. 2. 3 What will be the value of the decommissioning fund in 21202 4. How much interest is included in the future value in 2120 DEAR TEAM MEMBERS: It is with great regret that Ron Joyce Jr. Enterprises Ltd. (Tim Hortons) finds it necessary to make the following changes to our incentive programs, paid breaks, and policies. These changes are due to the increase of wages to $14.00 minimum wage on January 1, 2018, then $15.00 per hour on January 1, 2019, as well as the lack of assistance and financial help from our Head Office and from the Government. The decisions of the following are the results of intense discussions with management and numerous small business owners in our area and other franchise owners. Breaks will no longer be paid. A 9 hour shift will be paid for 8 hours and 20 minutes: 8 hour shift will be paid 7 hours and 30 minutes: 7 hour shift will be paid 6 hours and 30 minutes: 6 hour shift will be paid 5 hours and 30 minutes: 5 hour shift will be paid 4 hours and 45 minutes: 4 hour shift will be paid 3 hours and 45 minutes: 3 hour shift will be paid 2 hours and 45 minutes. The incentives of working your birthday and the day off with pay after six months of not calling in are cancelled. The Incentives of receiving bonus" for covering shifts when called on days off and a day of pay for a desth in your immediate family will continue. Dental and Health Benefits will continue, but members will be required to cover the cost of the benefits by the following Over 5 years of employment will pay 50% of the cost of their benefits. Employees with 6 months up to 5 years will pay 75 % of their benefits cost. Any employee may cancel their benefits if they wish. Please let us know as soon as possible. We apologize for these changes. Once the costs of the future are better know we may bring back some or all of the benefits we have had to remove. All the above will become effective January 1, 2018. Sincerely: Jeri, Ron and Lisa December 2017 I have read and understand these changes: Signature Date: Excel Hydro took a loan contract which requires a payment of $40 million plus interest two years after the contract's date of issue. The interest rate on the $10 million face value is 9.6% compounded quarterly. Before the maturity date, the original lender sold the contract to a pension fund for $43 million. The sale price was based on a discount rate of 8.5% compounded semi-annually from the date of sale 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 liability law 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 month in a savings account, carning 7.25% compounded monthly During the 60 years of production life 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 the 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 How many months before the maturity date did the sale take place? What will be the value of the decommissioning fund after 60 years of production? 1. 2. 3 What will be the value of the decommissioning fund in 21202 4. How much interest is included in the future value in 2120 DEAR TEAM MEMBERS: It is with great regret that Ron Joyce Jr. Enterprises Ltd. (Tim Hortons) finds it necessary to make the following changes to our incentive programs, paid breaks, and policies. These changes are due to the increase of wages to $14.00 minimum wage on January 1, 2018, then $15.00 per hour on January 1, 2019, as well as the lack of assistance and financial help from our Head Office and from the Government. The decisions of the following are the results of intense discussions with management and numerous small business owners in our area and other franchise owners. Breaks will no longer be paid. A 9 hour shift will be paid for 8 hours and 20 minutes: 8 hour shift will be paid 7 hours and 30 minutes: 7 hour shift will be paid 6 hours and 30 minutes: 6 hour shift will be paid 5 hours and 30 minutes: 5 hour shift will be paid 4 hours and 45 minutes: 4 hour shift will be paid 3 hours and 45 minutes: 3 hour shift will be paid 2 hours and 45 minutes. The incentives of working your birthday and the day off with pay after six months of not calling in are cancelled. The Incentives of receiving bonus" for covering shifts when called on days off and a day of pay for a desth in your immediate family will continue. Dental and Health Benefits will continue, but members will be required to cover the cost of the benefits by the following Over 5 years of employment will pay 50% of the cost of their benefits. Employees with 6 months up to 5 years will pay 75 % of their benefits cost. Any employee may cancel their benefits if they wish. Please let us know as soon as possible. We apologize for these changes. Once the costs of the future are better know we may bring back some or all of the benefits we have had to remove. All the above will become effective January 1, 2018. Sincerely: Jeri, Ron and Lisa December 2017 I have read and understand these changes: Signature Date