A retired junk yard operator, Edsel Studebaker, recently died and left his entire fortune of $12,300,000toatrusttoestablishajunkcarmuseum. Thetrusteesmustdecidehowtospendit. Landcanbepurchasedfor$180,000now. Themuseumbuildingwillrequire30,000squarefeet of administrative and work space. Each car displayed will require an additional 1000 square

feet. Planning will cost $100,000 immediately. Building construction will cost $100 per square foot and will take the next two years (assume equal costs each year.) Cars will cost $500 each (they're junk, remember?) and they will be purchased during the second year of construction. Annual operation ofthe museum will cost $200,000 plus $30 per car. Ifthe funds are invested at 9% per year and the museum is to exist forever, how many cars should the trustees plan to purchase?

Any help would be great, cheers.