Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $75,000 per year. A clever industrial engineer found that by spending $20,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $49, 000 next year and $58,000 in years 2 through 5. Using an interest rate of 9% per year, determine the present worth of the savings due to the reconfiguration. The present worth of the savings is determined to be S

How much must you deposit each year into your retirement account starting now and continuing through year 15 if you want to be abl to withdraw $100,000 per year forever, beginning 34 years from now? Assume the account earns interest at 15% per year. The amount to be deposited is determined to be $

Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is $80,000 per year. A clever industrial engineer found that by spending $18,000 now to reconfigure the production line and reprogram two of the robotic arms, the cost will go down to $54,000 next year and $49,000 in years 2 through 5. Using an interest rate of 15% per year, determine the present worth of the savings due to the reconfiguration. The present worth of the savings is determined to be $

A plant manager wants to know the present worth of the maintenance costs for a reconditioned assembly line. An industrial engineer, who designed the system, estimates that the maintenance costs are expected to be zero for the first three years, $2000 in year four, and the amounts increasing by $500 each year thereafter through year 10 (i.e., $2500 in year five, $3000 in year six, and so on). At an interest rate of 8% per year compounded semiannually, the values of and n to use in the P/G equation are: 4% and 14 8.16% and 7 8.16% and 14 8% and 7