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6. An engineer has tracked the average inspection cost for 20 years. The cost average was steady at $9050 for the first five years but has increased consistently by $100 for each of the last 15 years. The interest rate is 5% annually. Tip: use tables and draw cash flow. d. What is the total present worth? e. What is the total future worth? f. What are the equivalent uniform payments?

6. An engineer has tracked the average inspection cost for 20 years. The cost average was steady at $9050 for the first five years but has increased consistently by $100 for each of the last 15 years. The interest rate is 5% annually. Tip: use tables and draw cash flow. d. What is the total present worth? e. What is the total future worth? f. What are the equivalent uniform payments?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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6. An engineer has tracked the average inspection cost for 20 years. The cost average was steady at $9050 for the first five years but has increased consistently by $100 for each of the last 15 years. The interest rate is 5% annually. Tip: use tables and draw cash flow. d. What is the total present worth? e. What is the total future worth? f. What are the equivalent uniform payments?
Transcribed Image Text:6. An engineer has tracked the average inspection cost for 20 years. The cost average was steady at $9050 for the first five years but has increased consistently by $100 for each of the last 15 years. The interest rate is 5% annually. Tip: use tables and draw cash flow. d. What is the total present worth? e. What is the total future worth? f. What are the equivalent uniform payments?
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