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 74APQ
To determine

Calculate the annual worth.

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Mr. Juan dela Cruz borrowed P 1,000 and was able to sign a promissory note that he would pay P 2,032.79 after 4 years.  What is the value of the present worth factor?
The equivalent compounding discount rate to the 5% compounding interest rate if the time of the investment is 3 years, the frequency of compounding in semi-annual and the amount of the investment is 2000 use is:   a. 5.13% b. 4.35% c. 6% d. 4.88%
Please try to solve in 1 hour

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Basics Of Engineering Economy

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