Engineering Economy
Engineering Economy
8th Edition
ISBN: 9780073523439
Author: Leland T Blank Professor Emeritus, Anthony Tarquin
Publisher: McGraw-Hill Education
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Chapter 1, Problem 27P
To determine

Draw the cash flow diagram.

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Calculate the amount of simple interest and the amount for:a)$40,000 at 36% per year in 3 years and four months.
(a) Calculate the amount deposited 1 year ago to have $1000 now at an interest rate of 5% per year. • (b) Calculate the amount of interest earned during this time period.   please show me how you solved it mathematically
A company that manufactures air-operated drain valve assemblies currently has $110,000 available to pay for plastic components over a 5-year period. If the company spent only $60,000 in year 1, what uniform annual amount can the company spend in each of the next 4 years to deplete the entire budget? Let i= 11% per year. The uniform annual amount the company can spend is $ |
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