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What amount of money deposited 4 0 years ago at 5 % interest would A provide a perpetual payment of $ 5 0 , 0

What amount of money deposited 40 years ago at 5% interest would A provide a perpetual payment of $50,000 a year beginning this year?-42
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$8000 salvage value. At the end of 9 years, it will need a major overhaul costing $19,000. Annual maintenance and operating costs are $9000. The Sno-Mover will cost $50,000, has an expected life of 10 years, and has no salvage value. The annual maintenance and operating costs are expected to be $12,000. Using a 12% interest rate, which machine should be chosen?

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