Because of a chronic water shortage in California, new athletic fields must use artificial turf or xeriscape landscaping. If the value of the water saved each month is $6000, how much can a private developer afford to spend now on artificial turf provided he must recover his investment in 5 years. Use an interest rate of 18% per year, compounded continuously? Write the spreadsheet function to display the answer.

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Q: Because of a chronic water shortage in California, new athletic fields must use artificial turf or…

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A: Referenceshttps://www.investopedia.com/terms/d/depreciation.asp

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A: Continuous interest is computed below:

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A:

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A:

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Q: what is the annualized cost of the bridge project? C

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Capital Gain

Any capital asset when sold can give the seller a higher or lower price from its purchase price leading to a capital gain or capital loss. The time period of holding an asset is decided based on if it is a long term or short-term capital gain. On that basis, the rate of taxation is decided if it is 20%, 15% or according to the tax brackets. The rate of taxation differs in the case of equity or debt, whether long or short term. The capital gain can be adjusted from capital loss to arrive at a net capital gain. The amount of gains and the exemption has to be reported in the tax return filed in the financial year in which the asset was transferred. The tax return can be filed quarterly, monthly, semi-annually or annually.