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

Grid generator, Grid Generator The grid generator of FP sets up a compu...

Grid Generator The grid generator of FP sets up a computing grid in a transform space that consists of the interior of a unitĀ length circular cylinder of unit radius, and compu

Assignment #5, the date december 13, 2005. Air traffic controllers in a con...

the date december 13, 2005. Air traffic controllers in a control tower in

Bme, advantages and disadvantages oh hot and cold die working in the subjec...

advantages and disadvantages oh hot and cold die working in the subject of basic mechanical engineering

Case study, Which type of financing is appropriate to each firm?

Which type of financing is appropriate to each firm?

Environemental, How to Compute the carbon per mile for the car

How to Compute the carbon per mile for the car

Dsp, find IDFT of the sequence X(k)={5,0,1,-j,0,1,0,1,j,0}

find IDFT of the sequence X(k)={5,0,1,-j,0,1,0,1,j,0}

Corporate finance., The firm is considering an investment opportunity. The ...

The firm is considering an investment opportunity. The investment falls in the same class of risk as the firm, the project is financed with equity and debt. Explain all the steps i

Qualitative risk assessment - fire protection engineering, Qualitative risk...

Qualitative risk assessment - fire protection engineering: NFPA 551 discusses the differences between qualitative risk assessment and quantitative risk assessment. Qualitat

Longitudinal trim, A trimmed flight condition is perhaps best thought of as...

A trimmed flight condition is perhaps best thought of as an equilibrium condition. The simplest trim condition is straight-and-level flight, in which the forces (weight, propulsive

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