If the total fixed cost of certain power station is 1280500 $,what is the equivalent annual payment. (Money earns at least 5.5% in this business and the life of the station is to be taken as 22years. Taxes is 5% and annual insurance premiums equal 0.3 % ) Select one: a. 171462$ b. 140305$ c. 181378$ d. 185627$ e. 157298$

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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If the total fixed cost of certain power
station is 1280500 $,what is the equivalent
annual payment.
(Money earns at least 5.5% in this business
and the life of the station is to be taken as
22years. Taxes is 5% and annual insurance
premiums equal 0.3 % )
Select one:
a. 171462$
b. 140305$
c. 181378$
d. 185627$
e. 157298$
Transcribed Image Text:If the total fixed cost of certain power station is 1280500 $,what is the equivalent annual payment. (Money earns at least 5.5% in this business and the life of the station is to be taken as 22years. Taxes is 5% and annual insurance premiums equal 0.3 % ) Select one: a. 171462$ b. 140305$ c. 181378$ d. 185627$ e. 157298$
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