Florida Tech is building a new engineering facility that will cost $40 million. Williams Construction will borrow $38 million from Wells Fargo bank and pay the remainder immediately as a down payment. Florida Tech will pay 5% interest but will make no payment for 5 years, at which time the entire amount will be due. How much will Florida Tech’s payment be?

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education

answerdata mart;