When alfred nobel died, he left the majority of his estate to fund five prizes, each to be awarded annually in perpetuity starting one year after he died. a) if he wanted the cash award of each of the five prizes to be $45,000 and his estate could earn 7% per year, how much would he need to fund his prizes?

Your project is divided into five major subprojects. subproject "p" involves developing specifications for the new cell phone. here, decisions related to such things as battery life, size of the phone, and features need to be made. these details are based on how a customer uses the cell phone. these user specifications are redefined in terms that have meaning to the subcontractors that will actually make the new cell phone in subproject "s" supplier specifications. these involve engineering details for how the product will perform.