How much money would be needed to pay the cost of replanting

Assignment Help Financial Management

Reference no: EM131053039

The local botanical society wants to ensure that the gardens in the town park, are properly cared for. They recently spent $100,000 to plant the gardens. They would like to set up a perpetual fund to provide $100,000 for future replanting of the gardens every 10 years. If interest is 5%, how much money would be needed to pay the cost of replanting forever?

Reference no: EM131053039

Questions Cloud

Write two password policies of your own : Then, write two password policies of your own. One should be for your work/school accounts, the other for your personal home accounts. Some things to consider are length of password, use of special characters, expiration, reuse, etc.

Self-directed teams to manage work in organizations : Has the growth of self-directed teams to manage work in organizations changed the need for strategic, tactical, and operational decision making in business?

Grow an investment to a specific amount of money : Which of the following statements about calculating the number of years needed to grow an investment to a specific amount of money is true?

Explore the value of various types of methodologies : Explore the value of various types of methodologies. For this assignment, identify your topic of interest and use and cite existing literature to support the need for further research in the area.

How much money would be needed to pay the cost of replanting : The local botanical society wants to ensure that the gardens in the town park, are properly cared for. They recently spent $100,000 to plant the gardens. They would like to set up a perpetual fund to provide $100,000 for future replanting of the gard..

Employees announcing the opening for a supervisor position : Write to your employees announcing the opening for a supervisor position within your company. Write to your stock holders informing them of a new satellite location of your office that will be opening next year in Detroit, Michigan.

Explain what type of information will be included in record : List what penetration-testing reports will be provided to the company. Explain what type of information will be included in each report. Describe each report's significance and what the results mean.

Articles addressing privatization-arizona private prisons : After reading the two articles addressing privatization,Arizona's private prisons: A bad bargainandThe case for privatizing California's prisons, respond to each of the following questions:

How are future values affected by changes in interest rates : How are future values affected by changes in interest rates?

User Account

All Pages