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 53P
To determine

Calculate the future worth.

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Calculate the present worth of 10 uniform payments of $8000 that begin 1 year from now at an interest rate of 10% per year.
An entrepreneurial new civil engineering graduate started a lab for testing endocrine disrupting compounds. The lab just broke even the first year, but in years 2 through 5, it made a profit of $97,000 each year. What is the present worth in year 0 of the profit at an interest rate of 10% per year?
A company  which manufactures automobile wiring harnesses has budgeted 10,000,000 now to pay for a certain plastic part over the next 5 years. If the company expects to spend 2,000,000 in year 1, how much of an increase per year is the company expecting  in the cost of this part? Assume the 10,000,000 is in an account earning 12% per year interest.

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Basics Of Engineering Economy

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