ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
expand_more
expand_more
format_list_bulleted
Question
Chapter 9, Problem 12P
To determine
Valuation of F with interest rate of
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
. A geotechnical engineering firm has been awarded a job to design the foundation of an office building. The project is postponed and will not start for four more years. The firm needs to estimate the present worth of the costs of the project. At the year four, the cost will be $175,000 decreasing by $50,000 per year for the next three years. If the interest rate is 4%, what is the present worth of the projected cost of the project?
If an effective rate of interest is given 6%, compute for the interest rate if it pays thrice a year.
with full solutions pls
Mr.Robert bought a new computer for $5,750. The annual interest rate is 40%. Mr.Robert received this money from the bank and will pay it in monthly installments within 4 years. What is the monthly installment amount?
(A bit more specific with the transactions please I couldn't understand the asnwer quitely)
Chapter 9 Solutions
ENGR.ECONOMIC ANALYSIS
Ch. 9 - Prob. 2QTCCh. 9 - Prob. 3QTCCh. 9 - Prob. 1PCh. 9 - Prob. 2PCh. 9 - Prob. 3PCh. 9 - Prob. 4PCh. 9 - Prob. 5PCh. 9 - Prob. 6PCh. 9 - Prob. 7PCh. 9 - Prob. 8P
Ch. 9 - Prob. 9PCh. 9 - Prob. 10PCh. 9 - Prob. 11PCh. 9 - Prob. 12PCh. 9 - Prob. 13PCh. 9 - Prob. 14PCh. 9 - Prob. 15PCh. 9 - Prob. 16PCh. 9 - Prob. 17PCh. 9 - Prob. 18PCh. 9 - Prob. 19PCh. 9 - Prob. 20PCh. 9 - Prob. 21PCh. 9 - Prob. 22PCh. 9 - Prob. 23PCh. 9 - Prob. 24PCh. 9 - Prob. 25PCh. 9 - Prob. 27PCh. 9 - Prob. 28PCh. 9 - Prob. 29PCh. 9 - Prob. 30PCh. 9 - Prob. 31PCh. 9 - Prob. 32PCh. 9 - Prob. 33PCh. 9 - Prob. 34PCh. 9 - Prob. 35PCh. 9 - Prob. 36PCh. 9 - Prob. 37PCh. 9 - Prob. 38PCh. 9 - Prob. 39PCh. 9 - Prob. 40PCh. 9 - Prob. 41PCh. 9 - Prob. 42PCh. 9 - Prob. 43PCh. 9 - Prob. 44PCh. 9 - Prob. 45PCh. 9 - Prob. 46PCh. 9 - Prob. 47PCh. 9 - Prob. 48PCh. 9 - Prob. 49PCh. 9 - Prob. 50PCh. 9 - Prob. 51PCh. 9 - Prob. 52PCh. 9 - Prob. 53PCh. 9 - Prob. 54PCh. 9 - Prob. 55PCh. 9 - Prob. 56PCh. 9 - Prob. 57PCh. 9 - Prob. 58PCh. 9 - Prob. 59PCh. 9 - Prob. 60PCh. 9 - Prob. 61PCh. 9 - Prob. 62PCh. 9 - Prob. 63PCh. 9 - Prob. 64PCh. 9 - Prob. 65PCh. 9 - Prob. 66PCh. 9 - Prob. 67PCh. 9 - Prob. 68PCh. 9 - Prob. 69PCh. 9 - Prob. 70PCh. 9 - Prob. 71PCh. 9 - Prob. 72PCh. 9 - Prob. 73PCh. 9 - Prob. 74PCh. 9 - Prob. 75PCh. 9 - Prob. 77PCh. 9 - Prob. 78PCh. 9 - Prob. 79PCh. 9 - Prob. 80PCh. 9 - Prob. 81PCh. 9 - Prob. 83PCh. 9 - Prob. 84PCh. 9 - Prob. 85PCh. 9 - Prob. 86PCh. 9 - Prob. 87PCh. 9 - Prob. 88P
Knowledge Booster
Similar questions
- 4-11 The cash flows have a present value of 0. Compute the value of n, assuming a 10% interest rate. A = 2500 4 0-1-2-3-4-5-6————n n = ? F=61,307arrow_forwardThe cash flows have a present value of 0. Compute the value of n, assuming a 10% interest rate.arrow_forwardMr. Lee purchased a small condominium. He paid P350,000 as down payment and agreed to pay P35,000 every 3 months for 5 years. The car seller figured interest is at 12% compounded quarterly. What is the prize of the condominium?arrow_forward
- 7 years of savings were made in a deposit account that pays 22% compound interest annually. The savings of the first year is 1703 TL and the amount of savings decreased by 108 TL every year. What is the future value of the accumulated money?arrow_forwardAn apartment has an annual rent of 24,000 NIS and a contract that has to be renewed every 2 years. Consider an interest rate of 7% per year and answer the following: a. If you want to rent the apartment for 6 years and pay now the total amount, how much should you pay? b. If the contract cost increases by 25% every 2-year renewal, how much will the new total amount change?arrow_forward6 An office space for lease is rented for the first year at P25,000. The rent price increases by 12% every year for the 10 year contract. If the interest is worth 5%. What is the present worth and equivalent annual cost.arrow_forward
- The income from an established chain of laundromats is a continuous stream with its annual rate of flow at timer given by )- 210,000 (dollars per year). If money is worth 3% compounded continuously, find the present value and future value of this chain over the next 5 years. (Round your answers to the nearest dollar) present value future value $ Need Help?arrow_forwardFor a 12% interest rate, compute the value of F so the following cash flows have a future worth of 0.arrow_forwardA town want to replace an existing bridge that cost $5000 annually in an operation and maintenance has a remaining useful life of 20yrs. The new bridge will cost $500000 for construction and an additional $2000 for manual operation. The new bridge is expected to have a useful life of 50yrs. Thus, extending the life by 30yrs if interest rate is 8% single payment present worth of 20yrs is what?arrow_forward
- Claude James, a salesman, needs a new car for business use. He expects to be promoted to a supervisory job after 3 years, and he will no longer be “on the road.” The company reimburses salesmen each month at the rate of 55 per mile driven. Claude believes he should use a 12% interest rate. If the car could be sold for $7500 at the end of 3 years, which method should he use to obtain it? A. Pay cash: the price is $26,000. B. Lease the car: the monthly charge is $700 on a 36-month lease, payable at the end of each month; at the end of the 3-year period, the car is returned to the leasing company. C. Lease the car with an option to buy at the end of the lease: pay $720 a month for 36 months; at the end of that time, Claude could buy the car, if he chooses, for $7000.arrow_forwardIf you wish to have $800 in your savings account at the end of 4 years with 5% APR interest. How much should you put into the savings account now?arrow_forwardThe maintenance for a piece of equipment costs $300 at the end of year 1, and increases by 15% every year for 5 years. The value of money is 9%. What is the equivalent present cost over the time horizon?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSON
Engineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage Learning
Managerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education