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 5, Problem 2P
To determine

Calculate the required revenue.

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NRG Energy plans to construct a giant solar plant in Santa Teresa, NM to supply electricity to 30,000 southern NM and west TX homes. The plant will have 390,000 heliostats to concentrate sunlight onto 32 water towers to generate steam. NRG will spend $460 million in constructing the plant and $430,000 per year in operating it. If a salvage value of 20% of the initial cost is assumed, how much will the company have to 'make each year (i.e., AW) for 20 years in order to recover its investment at a MARR of 10% per year? $56.83 million per year $52.86 million per year $58.65 million per year $51.63 million per year $53.87 million per year
Jim Bob holds an engineering degree and is currently employed in an aerospace company in Dallas. Jim Bob has saved about $200,000 since he started working and plans to purchase a house three years from now. His local bank pays 5.25% per year on savings if the account holder keeps the funds a minimum of three year in the account. How much money will be available to Jim Bob should he decide to purchase a house with the money accumulated in this account for three years?
An integrated, combined cycle power plant produces 285 MW of electricity by gasifying coal. The capital investment for the plant is $570 million, spread evenly over two years. The operating life of the plant is expected to be 20 years. Additionally, the plant will operate at full capacity 75% of the time (downtime is 25% of any given year). The MARR is 6% per year   Cash flow diagram only Thank you No need calculation.            Please help
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