Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the hudson river needs cleaning: it will cost $1

The Hudson river needs cleaning: It will cost $100m starting...

90.2K

Verified Solution

Question

Accounting

The Hudson river needs cleaning:
It will cost $100m starting now in 2024
In 2025,2026, and 2027, there will be benefits to the fishing stock of $100m each year
In 2026 and 2027, there will be maintenance costs of $40m If the discount rate is 3%, what is the Present Value cost of the clean-up?
140.5
176.5
180
200

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

home / study / business / finance / finance questions and answers / assume gillette corporation...

Advance Math
1.2K views

True or False Every proper subspace of R2 can be visualized as being either {(0,0)} or a...

Biology
1.2K views

The Scenario: Your friend Bob asks you to sign a Change.org petition to encourage your Congressman...

Mechanical Engineering
1.2K views

An insulated tank containing 0.5m3 of R-134 at 500 kPa and 90% quality is connected to...

General Management
1.2K views

"Your family runs a successful food retail business and have to adapt to the new business...

Physics
1.2K views

A uniform rod of length 7 is pivoted at point A it is struck by...

Physics
1.2K views

Calculate the horizontal force P on the light 10 wedge necessary to initiate movement of...

Geometry
1.2K views

In the figure below the triangle on top has been transformed to the one on...

Algebra
1.2K views

uppose that f x x 8 A graphing calculator is recommended Round your coefficients to...

Accounting
1.2K views

Is increasing payables turnover good or bad for a company? Why or why not?

Accounting
1.2K views

XYZ Company has the following shares of stock outstanding: perferred, 8%, 10,000 shares...

Finance
1.2K views

please solve it on an excel sheet and try to solve with using excel formulas...