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.
1 Most of the garage door opener kits have a remote control or two included with it; however, you have the option to purchase a universal remote control which varyies from $25 to $50. 2  The installation cost can also add to the total price if you do not have the experience to install it yourself. A Â¾ horsepower chain drive garage door opener costs anywhere from $160 to $300. 2  For added security and convenience, there are all-in-one kits available that includes a security keypad, which can be accessed by a remote, before the door opens.