Business, 13.07.2021 17:30 chayaharroch03

A firm wishes to endow an advanced manufacturing processes lab in the new SQH building. The endowment will earn interest that averages 8% per year. Cash requirement of the lab are estimated to be $30,000 per year over an infinitely long future, and $20,000 at the end of every 4th year (forever) for equipment replacement. Using the capitalized cost method, how much should be in the endowment to cover the costs

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A firm wishes to endow an advanced manufacturing processes lab in the new SQH building. The endowmen...