Fundamentals of Engineering Economics LooseLeaf (4th Edition)
4th Edition
ISBN: 9780134870076
Author: Park, Chan S.
Publisher: PEARSON
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Question
Chapter 2, Problem 1ST
To determine
The amount to be deposited in the account to have the amount that pays 8% compound annually.
Expert Solution & Answer
Explanation of Solution
The present equivalent worth of the future cash flow is calculated as follows.
The amount deposited in the account will be $4,632.
Hence, option.c is correct.
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Chapter 2 Solutions
Fundamentals of Engineering Economics LooseLeaf (4th Edition)
Ch. 2 - Prob. 1STCh. 2 - Prob. 2STCh. 2 - Prob. 3STCh. 2 - Prob. 4STCh. 2 - Prob. 5STCh. 2 - Prob. 6STCh. 2 - Prob. 7STCh. 2 - Prob. 8STCh. 2 - Prob. 9STCh. 2 - Prob. 10ST
Ch. 2 - Prob. 11STCh. 2 - Prob. 12STCh. 2 - Prob. 13STCh. 2 - Prob. 14STCh. 2 - Prob. 15STCh. 2 - Prob. 16STCh. 2 - Prob. 17STCh. 2 - Prob. 18STCh. 2 - Prob. 19STCh. 2 - Prob. 20STCh. 2 - Prob. 21STCh. 2 - Prob. 22STCh. 2 - Prob. 23STCh. 2 - Prob. 24STCh. 2 - Prob. 25STCh. 2 - Prob. 26STCh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Prob. 4PCh. 2 - Prob. 5PCh. 2 - Prob. 6PCh. 2 - Prob. 7PCh. 2 - Prob. 8PCh. 2 - Prob. 9PCh. 2 - Prob. 10PCh. 2 - Prob. 11PCh. 2 - Prob. 12PCh. 2 - Prob. 13PCh. 2 - Prob. 14PCh. 2 - Prob. 15PCh. 2 - Prob. 16PCh. 2 - Prob. 17PCh. 2 - Prob. 18PCh. 2 - Prob. 19PCh. 2 - Prob. 20PCh. 2 - Prob. 21PCh. 2 - Prob. 22PCh. 2 - Prob. 23PCh. 2 - Prob. 24PCh. 2 - Prob. 25PCh. 2 - Prob. 26PCh. 2 - Prob. 27PCh. 2 - Prob. 28PCh. 2 - Prob. 29PCh. 2 - Prob. 30PCh. 2 - Prob. 31PCh. 2 - Prob. 32PCh. 2 - Prob. 33PCh. 2 - Prob. 34PCh. 2 - Prob. 35PCh. 2 - Prob. 36PCh. 2 - Prob. 37PCh. 2 - Prob. 38PCh. 2 - Prob. 39PCh. 2 - Prob. 40PCh. 2 - Prob. 41PCh. 2 - Prob. 42PCh. 2 - Prob. 43PCh. 2 - Prob. 44PCh. 2 - Prob. 45PCh. 2 - Prob. 46PCh. 2 - Prob. 47PCh. 2 - Prob. 48PCh. 2 - Prob. 49PCh. 2 - Prob. 50PCh. 2 - Prob. 51PCh. 2 - Prob. 52PCh. 2 - Prob. 53PCh. 2 - Prob. 54PCh. 2 - Prob. 55PCh. 2 - Prob. 56PCh. 2 - Prob. 57PCh. 2 - Prob. 58PCh. 2 - Prob. 59PCh. 2 - Prob. 60PCh. 2 - Prob. 61PCh. 2 - Prob. 62PCh. 2 - Prob. 63PCh. 2 - Prob. 64PCh. 2 - Prob. 65PCh. 2 - Prob. 66PCh. 2 - Prob. 67PCh. 2 - Prob. 68PCh. 2 - Prob. 69PCh. 2 - Prob. 70PCh. 2 - Prob. 71PCh. 2 - Prob. 72PCh. 2 - Prob. 73PCh. 2 - Prob. 74PCh. 2 - Prob. 75CSCh. 2 - Prob. 76CSCh. 2 - Prob. 77CS
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