What will be the future worth of the savings

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A Hilti PP11 pipe laser can be mounted inside or on top of a pipe, a tripod, or in a manhole to pro- vide fast and accurate positioning and alignment of pipe sections. Jordon Construction is building a 23-mile pipeline through the desert to dispose of reverse osmosis concentrate by injection into a fractured-dolomite formation. The PP11 laser can reduce construction costs (through time savings) by $7500 per month. What will be the future worth of the savings for 2 years, if they start 1 month from now and the interest rate is 18% per year compounded monthly?

Reference no: EM131004343

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