ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- ! Required information Eight years ago, Ohio Valley Trucking purchased a large- capacity dump truck for $102,000 to provide short-haul earth-moving services. The company sold it today for $45,000. Operating and maintenance costs averaged $10,200 per year. A complete overhaul at the end of year 4 costs an extra $3600. Calculate the annual cost of the truck at i = 8% per year. The annual cost of the truck is $- per year.arrow_forwardhelp please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all workingarrow_forwardThe cost of constructing a roundabout (R/A) in a low-traffic residential neighborhood 5 years ago was $625,000. A civil engineer designing another R/A that is almost the same design estimates the cost today will be $740,000. If the cost had increased only by the inflation rate over the 5 years, determine the inflation rate per year.arrow_forward
- An offshore services company is considering the purchase of equipment that has a cost today of $96,000. Inflation is a concern. The manufacturer plans to raise the price exactly in accordance with the inflation rate that may be somewhere between 1% and 8% per year. Develop a graph of how much the equipment will cost 3 years from now in terms of both (a) CV, and (b) future dollars.arrow_forwardPlease solve the problem and draw a diagram for the problem, Make sure you post pictures of your work instead of writing it. Please! Thank you for your help.arrow_forwardPlease answer as quickly as possible and zoom in for better viewarrow_forward
- Required information Eight years ago, Ohio Valley Trucking purchased a large-capacity dump truck for $116,000 to provide short-haul earth- moving services. The company sold it today for $45,000. Operating and maintenance costs averaged $10,900 per year. A complete overhaul at the end of year 3 costs an extra $3600. Calculate the annual cost of the truck at i= 8% per year. The annual cost of the truck is $- 503,717 per year. 13arrow_forwardRequired information To retire at a decent age and move to Hawaii, an engineer plans to trust her account to an investment firm that promises to make a real rate of return of 10% per year when the inflation rate is 4.000% per year. The account currently is valued at $520,000 and she wants to retire in 15 years. Determine how much (in then-current dollars) will be in the account for the realized rate of return to be a real 10% per year. (Round the final answer to three decimal places.) The account should have $arrow_forwardThe local bank pays 4% interest on savings deposits. In a nearby town, the bank pays 1% per quarter. A man who has $3000 to deposit wonders whether the higher interest paid in the nearby town justifies driving there What sum of money now is equivalent to $8250 two years hence, if interest is 4% per 6-month period? The answer is closest to: Hint : 4% per 6 month means semi annual periods so the n does not equal 2 anymore ! $8,923 $7,052 $8,580 $9,651arrow_forward
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