The U of A is planning for an endowed chair in the Engineering College. It is anticipated that this chair will require funding in perpetuity of s$300,000 per year. If the UA Foundation realizes an annual yield of 5.0% on its investments, the Capitalized Equivalent is closest to: (4 Pts) 15. a. $ 8.0M b. $ 6.5M c. $ 7.5M d. $ 7.2M e. $ 6.0M 17, A machine costs $100,000 when new has a 15 year lifetime and a salvage value equal to 20% of its original value. The capital recovery costs, based on an interest rate of 10% per year, compounded annually is closest to: (4 Pts) a. $12,518 b. $12,833 c. S13,777 d. $10,946 e. $21,111