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

The decoupled dynamics, The longitudinal and lateral states of the decouple...

The longitudinal and lateral states of the decoupled linear dynamics are distinct sets of variables. They are conveniently remembered by the flight-control engineer by visualising

Gravity, whats the gravitational force?

whats the gravitational force?

Finite Element analysis, Need to understand the method for calculating the ...

Need to understand the method for calculating the maximum deflection and maximum stresses on a rigidly supported circular plate. The plate has a 500 mm radius and is 12mm thick.

Thrust indication - aircraft engine, Thrust indication: Although rpm ga...

Thrust indication: Although rpm gauges give an indication of the rotational speed of the compressor, they do have one drawback. They do not normally indicate the thrust output

#title., problem on dissociation constant

problem on dissociation constant

Turbine discs and blades of aircraft, Turbine Discs and Blades: The ins...

Turbine Discs and Blades: The inspection for cracks is of the utmost importance, most inspections are visual, the dye penetrant method of inspection being too impractical. Crac

Extended input facilities, Extended input facilities Another instance w...

Extended input facilities Another instance where multiple inputs to a single gate operation can occur is with certain types of gate elements that have an 'EXTENDED INPUT' facil

Logic gates - and gate, Logic gates - and gate: Figure shows the symbol...

Logic gates - and gate: Figure shows the symbol that represents 2 input AND gate together with its truth table. This gate will only adopt a 1 state at its output terminal when

Dc load line for a diode , dc load line for a diode & same for circuit con...

dc load line for a diode & same for circuit consisting of supply voltage in series with resistance & diodes

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