To determine the annual accretion, find the difference between the cost of the bond and par value; divide the result by the original number of years to maturity. The following question tests your understanding of accretion. Mr. Dancer purchases a 5-percent corporate bond with 10 years to maturity at 80.
Look for horsepower (HP) ratings to compare the lifting power between garage door opener models. Ratings ranging from 1/2-horsepower to 1-1/2 horsepower are typical for residential models. If you have a sectional double-car garage door, a 1/2-horsepower motor should be sufficient, but a higher-power model will operate with less effort and less wear and tear on the motor.
Garage Door Opener Costs. Installing a garage door opener will save you the inconvenience of leaving your car to operate the door. You will find that the cost to install an average garage door opener depends on the door size, accessories, quality of finish, and labor rate. In the following tables the Labor Cost figures are what the able DIY person should expect to save by performing the complete installation.