Basics Of Engineering Economy
Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 3, Problem 6P

Convert an interest rate of 1.5% per month into a nominal interest rate over the following time periods: (a) quarter; (b) year; (c) semiannual; (d) decade.

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just subpart (d) please. thank you
A credit union charges 4% interest per month on the unpaid balance for purchases made on the credit card. Calculate the effective annual interest rate. use a cash flow diagram and manual solution.
A manufacturer of toilet flush valves wants to have ₱15,000,000 available 10 years from now so that a new product line can be initiated. If the company plans to deposit money each quarter from now, how much will it have to deposit each year if money is worth 7% compounded quarterly in order to have it available immediately at the end of 10 years? (a) Less than ₱182,000 (b) ₱182,500 (c) ₱191,300 (d) Over ₱262,000

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Basics Of Engineering Economy

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The CASH FLOW STATEMENT for BEGINNERS; Author: Accounting Stuff;https://www.youtube.com/watch?v=DiVPAjgmnj0;License: Standard Youtube License