How much money should city require the developer to deposit

Assignment Help Econometrics
Reference no: EM13214041

In developing a subdivision, the developer is required to build the roads to the city building code specifications and to deposit an amount which will allow the city to repave the roads every four years for an indefinite period of time. The costs to construct the roads are $25,000 and $4,000 each time repaving is required. The city estimates they will be able to invest the deposited sum at 6% indefinitely. How much money should the city require the developer to deposit?

Reference no: EM13214041

Questions Cloud

Explain the salt is dissolved in dilute sulfuric acid : An unknown metal hypochlorite salt, M(ClO)2, is subjected to analysis by iodometric titration: the salt is dissolved in dilute sulfuric acid, treated with excess aqueous KI,and then titrated with Na2S2O3.
Compute projects irr-npv and npi : Compute each project's IRR, NPV and NPI and obtain the variance of NPV assuming that cash flows are independent
Show the demand and supply of the scenario : Corporation XYZ had decided to reduce the butterfat content of milk they are producing resulting to the milk to almost be only 2% milk. This in turn decreases the amount of butter and cream that the dairy farms can produce.
Explain what mass of lithium carbonate can be produced : If a reaction vessel contains 50.0 of carbon dioxide and 25.0g lithium hydroxide what mass of lithium carbonate can be produced?
How much money should city require the developer to deposit : In developing a subdivision, the developer is required to build the roads to the city building code specifications and to deposit an amount which will allow the city to repave the roads every four years for an indefinite period of time. The costs ..
Explain what is the wave number of the laser light : An argon ion laser which operates at 488.2 nm is used to excite the tagged proteins and observe fluorescence. A 5 µM solution gives a signal of 0.852 relative fluorescence units. What is the wave number of the laser light at 488.2 nm?
Federal attention to elementary school education : What event brought federal attention to elementary school education?
What amounts on the balance sheet are in millions of dollars : (Amounts on the balance sheet are in millions of dollars.) Assets - Reserves $15.90 Loans $150.00 Securities $34.10 Total - $200.00 Liabilities + Capital - Transactions deposits $180.00 Equity capital $20.00 Total - $200.0 Calculate the bank's exc..
Operations integrated into the overall business operations : How are the Walt Disney Corporation’s security operations integrated into the overall business operations? How are non-security personnel and environmental features used for security purposes and how do security personnel contribute to the overall mi..

Reviews

Write a Review

Econometrics Questions & Answers

  Who had been instructed to prevent pickets from restricting

A few years ago, the Boston Globe reported that the city of Boston planned to spend $14 million to convert the FleetCenter sports arena and entertainment center into an appropriate venue for the Democratic Nominating Convention (DNC).

  Find the autocorrelation of vt at the first lag

It is often claimed that "differencing" the regression model will reduce the degree of autocorrelation. Consider this claim by using as the model: yt = xt + ut and ut = ut1 + t where (t) is white noise with mean zero and variance 2.Show that the ..

  Is there any involuntary unemployment at any wage

certification roughly equivalent to a high school diploma. The demand schedule for new hires with le bac and the supply schedule for similarly credentialed new job seekers are given in the accompanying table. The price here- given in euros, the cu..

  What is the number of degrees of freedom

Where Qx is the quantity demanded of Product X, Px is the price of X, Y is income, and r is the prime interest rate (given in decimals, e.g., 0.02 or 0.05) The standard error of each estimated coefficient is given in parentheses below it.

  Calculate the nominal interest rate and the after-tax rate

Given an expected real interest rate of 2 percent. For each of the expected inflation rates of 0, 2, 4, 6, and 8 percent. How do I calculate the nominal interest rate and the after-tax expected real interest rate if the tax rate is 30 percent

  When should we replace this equipment with a new one

Assume that by investing $2000000 in transportation system we can prevent 30 accidents per year and save another $100 on annual maintenance cost of vehicals using the system ( 2000 vehicles). The annual maintanence cost for this system is $200000.

  What interest should she get to be able to retire as desired

Ann Isabel, a recent graduate from Tech, would like to be a millionaire when she will retire after 30 years. She would like to start with a deposit of $1,000 at the end of the first year and increase it every year by $400 thereafter. What interest..

  How much surplus do producers receive

The supply curve for product X is given by QXS = -340 + 10PX . a. Find the inverse supply curve. P = + Q b. How much surplus do producers receive when Qx = 350? When Qx = 1,000?

  What prices should the firm charge in these markets

The demand schedule in the first market is Q1=100-0.5P1, where P1 is the price of the product and Q1 is the amount sold in the market. In the seconds market, the demand is Q2=140-P2, where P2 is the price of the product and Q2 is the amount sold i..

  What is the socially optimal number of movie projections

The total number of movie projections, M, is the sum of the number paid for by each of the two persons: M = MS + ML. Spielberg and Lucas both have income of 70, and the price of both the private good and a movie projection is 1. They are limited, ..

  What is the total surplus

The price at point a is $70 and the price at point c is $10 per bag. The price at point d is $56 and the price at point e is $31 per bag. The price at point f is $67 and the price at point g is $32 per bag.

  Explain what would we expect in the long run

Bolivia's real GDP per capita is growing at a rate of 1.3%, which would we expect in the long run Assume real GDP per capita in the United States begins at a level above that of real GDP per capita in Bolivia.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd