Corporate Finance Assignment/ Professional Essay Writers
May 8th, 2020
1. Cosmos Touring wishes to replace its luxury bus in 10 years by accumulating funds in a special account. The new bus is expected to cost $180,000. How much must Cosmos put into the fund in equal, end-of-year amounts if earnings are expected to be 8% for the first 4 years and 10% thereafter?
a. $12,107.
b. $11,465.
c. $9,901.
d. $14,727. Get Finance Help Today