Ellie has been working for an engineering firm and earning an annual salary of $80,000. She decides to open her own engineering business. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Ellie will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annual interest of $500.   Refer to Scenario 13-9. According to an economist, which of the following revenue totals will yield Ellie’s business $50,000 in economic profits?

On August 6, 2021, Nike purchased new cash registers for their stores for $105,000 total. They will realize a $9,700 profit on the first Friday of every month ( Hint: You will need a calendar) starting on 9/3/2021 for an entire year (ending on July 1, 2022). What is the rate of return of this project? (X.X%)

ENGINEERING ECONOMY RATE WILL BE GIVEN. WRITE THE COMPLETE SOLUTIONS/EXPLANATION LEGIBLY OR TYPEWRITTEN. GIVE STRAIGHT TO THE POINT EXPLANATION. Your company presently uses a crew of its own employees for all major  maintenance. On average, 44 major repairs are performed each year at 20 lost production hours per repair. Keeping the crew costs $1,300,000 per year plus any  lost production cost. Lost production costs are estimated at $2,500 per hour.   Your company is considering replacing its in-house maintenance work with an  outside company (Ajax) working under an annual maintenance contract. This proposal will pay Ajax $2,180,000 per year but your company will still have to pay  for all lost production time. Ajax claims that the time per repair will decrease  because of the contractors’ substantial maintenance experience. Assuming the number of major repairs and the cost of lost production time remain the same, how much time per repair is the maximum allowable for Ajax to be the…

[Use Excel] You are planning to buy a new car before you move to a new place for a job after graduation. You are given two options. The first one is the Toyota Prius which has an initial cost of $25,000 with miles per gallon (MPG) of 50. The second option is a regular sedan car with an initial cost of $18,000 and an MPG of 25. If the gasoline price is $ 4.50/gallon, the annual effective interest rate is 8%, beyond which annual mileage of the car you will choose Prius over the regular car. The car is supposed to stay for 10 years. [Round the final answer to an integer by round(answer,0) command]

6-53. A set of four "100-year," sixty (60) watt light bulbs costs $24.95. If H equals the annual number of hours the bulb is used, each bulb provides 100H hours of light, and the efficiency of each bulb is 80%. A set of four, sixty (60) watt standard bulbs costs $2.60. Each standard bulb provides H hours of light and the efficiency of each bulb is 95%. If the cost of electricity is $0.0574/kWh, how many hours of operation each year will make the costs of the two types of bulb breakeven? Your personal MARR is 5% per year. Assume repeatability. State other realistic assumptions you must make.

(engineering economic) What is the effective annual interest compounded each month if a $1000 loan had to be paid back $100/month for one year?

Subject : Engineering Economics Please write handwritten Answer

kuzukuzu12121@outlook.com just sent here I NEED EXCEL FİLE. Determine the NPW, AW, FW and IRR of the following engineering project.    Initial Cost ($400,000) The Study Period 15 years Salvage (Market) Value of the project 15% of the initial cost Operating Costs in the first year($9,000) Cost Increase  3% per year Benefits in the first year $40,000  Benefit Increase 9% per year MARR 8% per year  Is the Project acceptable? WHY?

8- Your credit score is in the range of 720-739 and you want to buy a house in Davis (CA). You have 20% down payment to put on a house that has a market value of $450,000. a) Use www.bankrate.com website to identify the bank with the most convenient APR for your 30- year fixed mortgage and accordingly calculate your annual payment. Ignore external and additional costs in your calculation that may vary from one bank to another b) After 20 years of annual payment, how much you should pay in lump sum to your bank to end up all your debts. Ignore penalties or any other additional cost c) According to your finance, your maximum annual payment for your mortgage cannot exceed $24,000. Under this condition, how much should be your minimum down payment for your mortgage?

Suppose a bank offers you the following two year, non-cashable GICs (i.e., withdrawals are not allowed). The first one pays a monthly rate of return 0.245%, the second one pays a semi-annual rate of return of 1.47% and the third one a return of 2.75% for the first year and 3.25% for the second year. All interest payments are reinvested.(a) Which investment would you prefer?(b) Suppose you expect that interest rates decline to 3% after the first year. How does your answer change, if the two year GIC pays out the first interest payment (but not the principal) at the end of the first year?