An engineering company has determined that 100000 per year


An engineering company has determined that $100,000 per year will be needed to maintain a new bridge. How much money is needed in a fund today to maintain the bridge indefinitely if the interest rate is 4.5%?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: An engineering company has determined that 100000 per year
Reference No:- TGS01356871

Expected delivery within 24 Hours