Centrum Water & Gas provides standby power to pumping stations using diesel-powered generators. An alternative is the use of natural gas to power the generators, but it will be a few years before the gas is available at remote sites. Centrum estimates that by switching to gas, it will save $15,000 per year, starting 3 years from now through the end of year 20. At an interest rate of 8% per year, determine the present worth of the projected savings.

Q: You've decided you will put $300 in the bank in year 1 and increase the deposit amount every year by…

A: The amount that a future sum of money is worth today, at a particular interest rate, is known as its…

Q: Health informatics is making use of monitoring devices, microelectronic mechanical systems, and…

A:

Q: You have a strict linear gradient series, with the amount of +537 Euros that is starting with the…

A: Given Information Number of compounding period (N) = 12 / 6…

Q: An oil and gas producing company owns 40,000 acres of land in a southeastern state. It operates 650…

A: Given that, Revenue from oil is $2000000 per year Revenue from natural gas is $560000 per year…

Q: A civil engineer planning for her retirement places 9% of her salary each year into a…

A: A civil engineer has a salary of $190,000 at the end of year 1 and expects it to grow by 2% each…

Q: Company A plans to set aside $150,000 now for possibly replacing its large synchronous refiner…

A: Future value describes the concept that a sum of money today will be worth more in the future due to…

Q: A successful alumnus gives CBU $5,000,000 to establish an endowed scholarship fund. If CBU can…

A: Step 1: Given Value for Calculation Present Value of Payment = pv = $5,000,000Interest Rate = r =…

Q: On the day his son was born, a father decided to establish a fund for his son's college education.…

A: Present value (PV), also known as discounted value or present discounted value, is a financial…

Q: Find the equivalent of present worth (t = 0) of a uniform series of $4550 for 8 years, if the…

A: The current value of a series of future cashflow means the present worth or present value, it is…

Q: mechanical contractor has four employees whose combined salaries through the end of this year are…

A: Given, Amount- $250000 ROI-12% Time- 5 years

Q: Calculate the present worth of a geometric gradient series with a cash flow of $42,000 in year 1 and…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: Calculate the present worth of 20.00 uniform payments of $8,400 that begin 1 year from now at an…

A: The formula of present worth of a uniform series is: P = A*((1+i)^n-1)/(i*(1+i)^n) Here A is the…

Q: Silastic-LC-50 is a liquid silicon rubber designed to provide high clarity, superior mechanical…

A: The objective of the question is to calculate the present worth of the silicon costs for the next 5…

Q: What is the present value of $100 realized two years from now if the interest rate is 10%?

A: Present worth is the concept that describes an amount of money today is value greater than that same…

Q: How much would your parents have to deposit each month into an account that grows at a rate of 10%…

A: Interest rate  = 10% compounded annuallyNumber of year =  3 Final amount expected = 90,000

Q: Engineering Economy Find the equivalent of present worth (t = 0) of a uniform series of $7000 for 7…

A: Annual Compounded Present Value -  NPV = ∑t=0TCt(1+r)t Continuously compounded Present Value -  NPV…

Q: What is the future worth of the following cash flows at month 18: $16000 in month 1,516640 in month…

A: A cash flow is a real or virtual movement of money: a cash flow in its narrow sense is a payment,…

Q: An engineer deposits $2,000 per month for four years at a rate of 24% per year, compounded…

A: Present Worth (PW), also known as Present Value (PV), is the current value of a series of future…

Q: For the cash flow diagram below, what value of x will make the total equivalent worth in year 7…

A: Given:- i=10% Total equivalent in year 7=$8000 To calculate:- Value of x=? Please find the images…

Q: A large electronic retailer is considering the purchase of software that will minimize shipping…

A: This can be explained as the estimated monetary amount or value of an investment or flow of cash…

Q: For the cash flow diagram shown, determine the value of G that will make the present worth in year 0…

A: Given: PW at year 0=$2500 i=10%