Engineering Economy, Other Engineering

Assignment Help:
I need the answers of these three problems.
1. How much money would be in a savings count that started with a deposit of $2,000 in year 1 with each succeeding amount increasing by 10% per year? Use an interest rate of 15% per year and a 7-year period.

2. You are a college student making yearly payment for your loan starting from now. For the first three years, you pay $2,500 a year. Year 4 to 6, your parents help you with the payment so you pay $1,500 per year, and finally year 7 you pay $2,500. Determine the value in year 8 that is equivalent to the cash flow stated above. Use an interest rate of 12%.

3. Calculate the present worth in year 0 of the following series of disbursements. Assume that i= 10% per year.
Year Disbursements, $ Disbursements, $
0 0 6 5,000
1 3,500 7 5,000
2 3,500 8 5,000
3 3,500 9 5,000
4 5,000 10 5,000
5 5,000


Related Discussions:- Engineering Economy

Flames obtained in an oxyacetylene gas welding process, Q.  Describe the t...

Q.  Describe the types of flames obtained in an oxyacetylene gas welding process giving the applications. There are three types of flames in the gas welding on the base of the

DIGITAL SIGNAL PROCESSING, PROBLEM BASED ON USING CHEBYSCHEV IIR FILTER USI...

PROBLEM BASED ON USING CHEBYSCHEV IIR FILTER USING BILINEAR TRANSFORMATION

Propeller overspeed governors, PROPELLER OVERSPEED GOVERNORS: These dev...

PROPELLER OVERSPEED GOVERNORS: These devices protect against overspeed, they are separate governors to the P.C.U. and direct oil during an overspeed situation to coarsen the bl

Aerodynamics-flow model diagram , We will need to use several different flo...

We will need to use several different flow models as we go along. It is crucial to understand the simplifications used to obtain these models because these limit the validity of th

Fuel control system in aircraft engine, Fuel control system in Aircraft Eng...

Fuel control system in Aircraft Engine: The computer controls the fuel flow to the engine to maintain a constant rotor RPM. During normal operation the optimum engine/rotor spe

Engineering physics 1, scaning electro microscope,transmission microscope

scaning electro microscope,transmission microscope

Structural Engineering, Hi, I need a help in structural engineering theis ...

Hi, I need a help in structural engineering theis work

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd