Contemporary Engineering Economics (6th Edition)
6th Edition
ISBN: 9780134105598
Author: Chan S. Park
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Question
Chapter 3, Problem 60P
To determine
Find out the correct equations.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Explanation it correctly and details.not wrong solution gives
For the following cashflows, which of the following relationships is correct?
Year 0
-$300
Year 1
Year 2
Year 3
Year 4
300-
80
120
160
200
80(P/A,i,4) + 40(P/G,i,4)
300-> 80(P/A,i,4) + 40(P/F,i,3)
O 300=80(P/A,i,3) + 40(P/F,i,4)
300 80(P/A,i,4) + 40(P/G,i,3)
The equation that is used to calculate a present worth
from a single future amount is:
A) P = F (1 +i )"
B) P = F [1 / (1 +i )"]
C) P = F [1 / (1 +i )"]- 1) /i((1 + i )")]
D) P = F [(1 +i )"]- 1) / i]
Chapter 3 Solutions
Contemporary Engineering Economics (6th Edition)
Ch. 3 - Prob. 1PCh. 3 - Prob. 2PCh. 3 - Prob. 3PCh. 3 - Prob. 4PCh. 3 - Prob. 5PCh. 3 - Prob. 6PCh. 3 - Prob. 7PCh. 3 - Prob. 8PCh. 3 - Prob. 9PCh. 3 - Prob. 10P
Ch. 3 - Prob. 11PCh. 3 - Prob. 12PCh. 3 - Prob. 13PCh. 3 - Prob. 14PCh. 3 - Prob. 15PCh. 3 - Prob. 16PCh. 3 - Prob. 17PCh. 3 - Prob. 18PCh. 3 - Prob. 19PCh. 3 - Prob. 20PCh. 3 - Prob. 21PCh. 3 - Prob. 22PCh. 3 - Prob. 23PCh. 3 - Prob. 24PCh. 3 - Prob. 25PCh. 3 - Prob. 26PCh. 3 - Prob. 27PCh. 3 - Prob. 28PCh. 3 - Prob. 29PCh. 3 - Prob. 30PCh. 3 - Prob. 31PCh. 3 - Prob. 32PCh. 3 - Prob. 33PCh. 3 - Prob. 34PCh. 3 - Prob. 35PCh. 3 - Prob. 36PCh. 3 - Prob. 37PCh. 3 - Prob. 38PCh. 3 - Prob. 39PCh. 3 - Prob. 40PCh. 3 - Prob. 41PCh. 3 - Prob. 42PCh. 3 - Prob. 43PCh. 3 - Prob. 44PCh. 3 - Prob. 45PCh. 3 - Prob. 46PCh. 3 - Prob. 47PCh. 3 - Prob. 48PCh. 3 - Prob. 49PCh. 3 - Prob. 50PCh. 3 - Prob. 51PCh. 3 - Prob. 52PCh. 3 - Prob. 53PCh. 3 - Prob. 54PCh. 3 - Prob. 55PCh. 3 - Prob. 56PCh. 3 - Prob. 57PCh. 3 - Prob. 58PCh. 3 - Prob. 59PCh. 3 - Prob. 60PCh. 3 - Prob. 61PCh. 3 - Prob. 62PCh. 3 - Prob. 63PCh. 3 - Prob. 64PCh. 3 - Prob. 65PCh. 3 - Prob. 66PCh. 3 - Prob. 67PCh. 3 - Prob. 68PCh. 3 - Prob. 69PCh. 3 - Prob. 70PCh. 3 - Prob. 71PCh. 3 - Prob. 72PCh. 3 - Prob. 1STCh. 3 - Prob. 2STCh. 3 - Prob. 3ST
Knowledge Booster
Similar questions
- What is the payback period according to the attached table? Period Cash Flow MARR Cost of Fund Payments Commulative C.F. (4,000,000) (4,000,000) (3,980,000) (3,957,600) (3,932,512) (3,404,413) 6. (4,000,000) (3,980,000) (3,957,600) (3,932,512) (3,404,413) (2,812,943) (2,150,496) (908,556) 12% 12% 12% 12% 1 (480,000) (477,600) (474,912) (471,901) (408,530) (337,553) (258,060) (109,027) 57,890 500,000 2 500,000 3 500,000 4. 1,000,000 5. 12% 1,000,000 (2,812,943) (2,150,496) (908,556) 12% 1,000,000 1,500,000 1,500,000 1,500,000 7. 12% 12% 12% 12% 8 482,418 2,040,308 3,785,145 482,418 10 2,040,308 244,837 1,500,000 O a. 10 years Ob. 3 years 5 years O d. 8 years Oe. None of the abovearrow_forwardAnswer the question no (c) = Future Value (F)= ? Answer the question no (D)= Present value (G) = ?arrow_forwardjust subparts iii, and iv. spreadsheet atttached thank youarrow_forward
- At a recent boat show, Nautica Bank was offering add-on interest installment boat loans for up to 5 years with an APR of 18.5%. On new boats, a 20% down payment was required. Scott Vaughn wanted to finance a $65,000 boat for 5 years. (a) What would be the finance charge on the loan (in $)? (b) What would be the monthly payment (in $)? (Round your answer to the nearest cent.) Plz do fast asap, urgent...fastarrow_forwardQ) A civil engineer planning for her retirement places 11% of her salary each year into a high-technology stock fund. If her salary this year (end of year 1) is $200,000 and she expects her salary to increase by 4% each year, what will be th future worth of her retirement fund after 14 years provided it earns 8% per year? Solve it correctly. Typed or handwriting with concept use. Not solve in excel works.arrow_forwardFor the diagram shown, the respective values of (n1, n2) for the following equation are: P=1000(F/A,4%,n1)(P/F,4%,n2). P = ? 0 1 2 4 5 6 7 8 9 10 (Year) $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 Оа. 8 and 2 O b. 10 and 2 Ос. 8 and 10 O d. 10 and 1arrow_forward
- A bond with a face value of $10,000 pays interest of 8% per year. This bond will be redeemed at its face value at the end of ten years. How much should be paid now for this bond when the first interest payment is payable one year from now and a 9% yield is desired?arrow_forwardCompare the future worth of $2,500 for 5 years at 12% per year compounded monthly. How much interest is paid? a. F = $3,533 Ob. F = $3,633 c. F = $4,633 Od. F = $4,541arrow_forward!arrow_forward
- The price of a new car is $20,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of 7%/ year compounded monthly. (Round your answers to the nearest cent.) (a) What monthly payment will she be required to make if the car is financed over a period of 36 months? Over a period of 60 months? 36 months $ 60 months $ (b) What will the interest charges be if she elects the 36-month plan? The 60-month plan? 36-month plan $ 60-month plan $arrow_forwardFind 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.arrow_forwardPlease don't copyarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSONEngineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
- Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage LearningManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage LearningManagerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education