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

Electronic , how to work ever moll models

how to work ever moll models

Imaging seekers , Imaging Seekers  Although there are a wide variety...

Imaging Seekers  Although there are a wide variety of imaging sensors (cameras), the majority of modern aircraft systems are based on conventional TV camera technologies (al

Chemical engineering, i got an assignment on chemical engineering reactions...

i got an assignment on chemical engineering reactions

The oil pressure indicator - aircraft engine, The oil pressure indicator : ...

The oil pressure indicator : The oil pressure indicator has a dial normally calibrated in pounds per square inch (psi). The indicator may have max. limit markers, but will alw

Aeroengine - rotor flow kinematics , Flow through axial-flow turbo machine ...

Flow through axial-flow turbo machine rotors can often be assumed axisymmetric i.e. velocity components do not change around the rotor circumference either at inlet or at outlet. N

Wire drawing, Wire Drawing involves pulling the metal through a die by mea...

Wire Drawing involves pulling the metal through a die by means of tensile force applied to the exit side of the die.          A typical wire drawing operation is shown in fig.

Oil supply failure - propeller, Oil supply failure - Propeller: To prev...

Oil supply failure - Propeller: To prevent an overspeed caused by an oil supply failure, one of two methods may be employed: • Hydraulic lock valve The pitch lock mecha

#title: Signal Processing, how to load a large file consisting hex bytes wi...

how to load a large file consisting hex bytes without spaces and plot the required bytes

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