Question: The school district needs to pass a bond levy for funding to remodel existing schools and to build new schools. Expenditures for the new and

 The school district needs to pass a bond levy for funding

The school district needs to pass a bond levy for funding to remodel existing schools and to build new schools. Expenditures for the new and remodeled buildings will begin two years after passage of the bond the school district receives all funding immediately after the passage of the bond and can invest the funds at a rate of 2.75% per year, how targe must the bond be for the district to have $48,000,000 at the start of construction? O A $48,000,000 B. $47,554 834 OC. $46,556,397 D. $45.465,040 DE d. ves wer finan ter 3 mentor for fundi Shet 48.49 PM 2 Untitled

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