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

Exhaust duct arrangement in aircraft, Exhaust duct arrangement in Aircraft:...

Exhaust duct arrangement in Aircraft: Exhaust ducts are invariably positioned to ensure that on the ground as the hot gases are directed away from the maintenance crews and air

Bjt, why we use h for bjt

why we use h for bjt

Business Management Techniques -Company organisation, Business functions of...

Business functions of engineering firm 2.1-Engineering business: 2.2- Functions of engineering business

Differentiate crystalline and amorphous materials, Q.   Differentiate cryst...

Q.   Differentiate crystalline and amorphous materials? (a)Crystalline solids:  Those solids in which the, ions atoms or molecules in a definite regular repeated

Lean enterprise, a department manufactures a produt using a kanban system. ...

a department manufactures a produt using a kanban system. data is demand/hr= 30, container size= 5, unit processing time= 1.25 min. find the minimum number of kanban assuming reple

What is thermodynamics, Electrical Engineering Online Electrical Engineerin...

Electrical Engineering Online Electrical Engineering Study Sit

Aircraft internal and external markings, AIRCRAFT INTERNAL AND EXTERNAL MAR...

AIRCRAFT INTERNAL AND EXTERNAL MARKINGS SMOKING IN AIRCRAFT - Reference: ANO Article 66 and JAR-25.791 Every aircraft registered in the U.K. must have a notice indicati

Matrix laboratory solutions, Matrix laboratory solutions with matlab assign...

Matrix laboratory solutions with matlab assignment help MATLAB (matrix laboratory) is an exact processing atmosphere and fourth-generation selection terminology. Designed by Nu

Airflow through divergent and convergent ducts, DIVERGENT DUCT A divergen...

DIVERGENT DUCT A divergent duct widens out as the airflow progresses through it. At subsonic speeds the effect of this kind of duct is to decrease the velocity and increase the p

Finance question, Say that a buyer of bonds values good bonds at $500 and v...

Say that a buyer of bonds values good bonds at $500 and values bad bonds at $250. Sellers of both good and bad bonds value them at $350. If the fraction of good sellers and bad s

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