Question: PLEASE ANSWER ASAP WILL GIVE LIKES IF GIVEN CORRECT ANSWER. A bond with a face value of $6,000 pays quarterly interest of 3.5 percent each

 PLEASE ANSWER ASAP WILL GIVE LIKES IF GIVEN CORRECT ANSWER. A
bond with a face value of $6,000 pays quarterly interest of 3.5
PLEASE ANSWER ASAP WILL GIVE LIKES IF GIVEN CORRECT ANSWER.

A bond with a face value of $6,000 pays quarterly interest of 3.5 percent each period. Twenty-two interest payments remain before the bond matures. How much would you be willing to pay for this bond today if the next interest payment is due now and you want to earn 6 percent compounded quarterly on your money? Click the icon to view the table of compound interest factors for discrete compounding periods when i=1.5%. You should pay $ (Round to the nearest cent as needed.) A regional municipality is studying a water supply plan for its tri-city and surrounding area to the end of year 2070 . To satisfy the water demand, one suggestion is to construct a pipeline from a major lake some distance away Construction would start at the beginning of 2030 and take five years at a cost of $30 million per year. The cost of maintenance and repairs starts after completion of construction and for the first year is $3 million, increasing by 2 percent per year thereafter. At an interest rate of 9 percent, what is the present worth of this project? Assume all cash flows take place at year-end. Consider the present to be the end of 2025/b beginning of 2026 . Assume there is no salvage value at the end of year 2070 . Click the icon to view the table of compound interest factors for discrete compounding periods when i=9%. The present worth of this project is $ million. (Round to two decimal places as needed.)

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