ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- Jane Smart plans to make the following deposits in an account towards cash purchase of a real estate property. 3 EOY Deposit $22,000 1 $6,000 2 $14,000 4 $30,000 5 $38,000 (a) How much money will the account have immediately after the last deposit if the account earns an interest rate of 10% per year? (b) What is the equivalent uniform annual deposit? (a) The amount in the account after the last deposit is $125039 (to the nearest dollar). (b) The equivalent uniform annual deposit is $ (to the nearest dollar)arrow_forwardFor the cash flow shown below, determine the valup of G that makes the present worth in year 0 equals to $15800 at the interest rate of 15% per year. Year 2. 3. 4. Cash flow $4000 4000-G 4000-2G 4000-3G Answerarrow_forwardNonearrow_forward
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