Question: solve using excel formula -Even Analysis 6.30 A city has decided to build a softball complex, and the city council has already voted to fund
solve using excel formula-Even Analysis 6.30 A city has decided to build a softball complex, and the city council has already voted to fund the project at the level of $800,000 (initial capital investment). The city engineer has collected the following financial information for the com- plex project: Annual upkeep costs: $120,000 Annual utility costs: $13,000 Renovation costs: $50,000 for every five years Annual team user fees (revenues): $32,000 Useful life: Infinite Interest rate: 8% If the city can expect 40,000 visitors to the complex each year, what should be the minimum ticket price per person so that the city can break even? _31 B&B Company is a real-estate developer considering a 40-unit apartment com
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