Question: Required information Pollution control equipment for a pulverized coal cyclone furnace is expected to cost $190,000 two years from now and another $120,0009 years from

 Required information Pollution control equipment for a pulverized coal cyclone furnace

Required information Pollution control equipment for a pulverized coal cyclone furnace is expected to cost $190,000 two years from now and another $120,0009 years from now. If Monongahela Power wants to set aside enough money now to cover these costs. how much must be invested at an interest rate of 9% per year compounded monthly? NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Solve using factors: The amount that must be invested by Monongahela Power is $

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