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

Cascaded, circit diagram and operation

circit diagram and operation

Open innovation, is there any open innovation engineering web portal in ind...

is there any open innovation engineering web portal in india

Matlab codes for extended kalman filter, I would like to have simple matlab...

I would like to have simple matlab codes for measuring the changes in amplitude and frequency of pure sinusoidal signal in a disturbed environment and subsequently to show the resu

Flight dynamics, Flight dynmaics The study of aircraft- Stability & Tri...

Flight dynmaics The study of aircraft- Stability & Trim (Equilibrium)- Motion due to • Control inputs • Atmospheric Disturbances • We will consider for the most part f

Static electricity in aircraft, Static electricity in aircraft: As ment...

Static electricity in aircraft: As mentioned earlier, the effects of static electricity are of considerable importance in the design of aircraft and aircraft equipment. An air

Aerofoil aerodynamics -framework, Framework In the laboratory we will de...

Framework In the laboratory we will deal with low speed flows, at first using the potential flow solver. We will also investigate behaviour for the NACA 4-series of aerofoils.

Digtal electronics, Design a combinational logic circuit that will generate...

Design a combinational logic circuit that will generate the square off all the combinations of three bit binary number represented by A,B,C

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