Pollution control equipment for a pulverized coal
Chapter 4, Problem 4.26(choose chapter or problem)
Pollution control equipment for a pulverized coal cyclonefurnace is estimated to cost $190,000 two yearsfrom now and an additional $120,000 four yearsfrom now. If Monongahela Power wants to set asideenough money now to cover these future costs, howmuch must be invested at an interest rate of 8% peryear, compounded semiannually?
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