ENGINEERING ECONOMY W/CNCT ACCESS
ENGINEERING ECONOMY W/CNCT ACCESS
8th Edition
ISBN: 9781260933505
Author: Blank
Publisher: MCG
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Chapter 2, Problem 12P
To determine

Calculate the present value.

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The optical products division of LG planning a $3 million building expansion for manufacturing its powerful Lumix DMC digital zoom camera. if the company uses an interest rate of 10% per year, compounded quarterly for all new investments, what is the uniform amount per quarter the company must make in order to recover its investment in 4 years?
Instructions Sun Oil Company is considering the installation of new flow meters in one of its pipelines. If the company goes ahead with the project, it will spend $50,000 each year for four years starting 2 years from now. What is the present of the investment at an interest rate of 10% per year? Show the cash flow diagram.
Calculate the present worth of 10 uniform payments of $8000 that begin 1 year from now at an interest rate of 10% per year.

Chapter 2 Solutions

ENGINEERING ECONOMY W/CNCT ACCESS

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