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 compression after impact test, This Compression After Impact (CAI) test...

This Compression After Impact (CAI) test fixture was developed by the Boeing Company. The specimen, typically, but not necessarily, a quasi-isotropic laminate, is 6" long, 4" wide,

Zener diode, easy defination of zener diode nd its application and characte...

easy defination of zener diode nd its application and characteristics ?

Aerodynamics, what is centrifugal twisting moment

what is centrifugal twisting moment

Semiconductor, Explain electrons and holes in quantum walls.

Explain electrons and holes in quantum walls.

Describe the antenna properties, Question: (a) Describe the following ...

Question: (a) Describe the following antenna properties / characteristics: (i) radiation pattern (ii) the main beam and beamwidth (iii) sidelobes (iv) directivity

Random number Generation, how to generate random numbers in rectangular reg...

how to generate random numbers in rectangular region?

Model independent option valuation , Derive the functional relationship bet...

Derive the functional relationship between the no-arbitrage values of the two vertical spreads, C (K1)-C (K2) and C (K2)-C (K3).

Welding, why is it important to only strike the arc in the weld joint

why is it important to only strike the arc in the weld joint

Electromagnetic spectrum , Electromagnetic Spectrum: Visible light belo...

Electromagnetic Spectrum: Visible light belongs to a family of waves known as the electromagnetic spectrum. Other members of this family include high frequency short wavelength

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