Contemporary Engineering Economics (6th Edition)
Contemporary Engineering Economics (6th Edition)
6th Edition
ISBN: 9780134105598
Author: Chan S. Park
Publisher: PEARSON
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Chapter 3, Problem 55P
To determine

Calculate the value of C.

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State the present worth of the following future payments:(a) $8,000 five years from now at 8% compounded annually.(b) $10,000 six years from now at 10% compounded annually.(c) $12,000 eight years from now at 7% compounded annually.(d) $18,000 ten years from now at 9% compounded annually.
Determine the present equivalent value of $400 paid over a period of 7 years in each of this situations: (a) The interest rate is 12% compounded annually (b) The interest rate is 12% compounded quarterly (c) The interest rate is 12% compounded continuously
Find the numerical value for the following factors by using the compound interest table and formula. (а) (F/P, 7.6%, 10) (b) (Р/F, 9%, 42) Please show a cash flow diagram in your solutions and box your final answer.
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