ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question 5

Costs for maintenance of buildings at an industrial complex are expected to be

$1,000

in year three,

$1,200

in year four and amounts increasing by

$200

per year thereafter through year nine. At an interest rate of

10%

per year, what is the present worth of the cash flow?

 

Question 6

You wish to make an investment of

$3,000

today, which will become

$5,000

at an interest rate if

12%

. How many years will it take?

 

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