he initial cost of a monument installation will be $110,000. The cost of maintaining a certain permanent monument in Washington, DC occurs as periodic outlays of $1200 every year. There will be an additional one- time cost of $5,000 in 2 years to add names of those who were missed initially. Calculate the total capitalized cost using an interest rate of 5% per year. Show your hand calculations and solve this question in excel. Show your cash flows in excel cash flow excel and hand calculations

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Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.