Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 4 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 28 Aug 2017 My Price 6.00

mitigation costs

Midwest Power and Light operates 14 coal-fi red power plants in several states around the United

States. The company recently settled a lawsuit by agreeing to pay $60 million in mitigation costs related to acid rain. The settlement included $21 million to reduce emissions from barges and trucks in the Ohio River Valley, $24 million for projects to conserve energy and produce alternative energy, $3 million for Chesapeake Bay, $2 million for Shenandoah National Park, and $10 million to acquire ecologically sensitive lands in Appalachia.

The question of how to distribute the money over time has been posed. Plan A involves spending $5 million now and the remaining $55 million equally over a 10-year period (that is, $5.5 million in each of years 1 through 10). Plan B requires expenditures of $5 million now, $25 million 2 years from now, and $30 million 7 years from now. Determine which plan is more economical on the basis of a present worth analysis over a 10-year period at an interest rate of 10% per year.

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Aug 2017 04:08 PM My Price 6.00

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