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

Methods of forging, Q. Describe briefly the following methods of forging : ...

Q. Describe briefly the following methods of forging :        (i) Drop forging        (ii) press forging Ans.  (i) Drop Forging: It is also called die

Terrestrial telescope., how to making terrestrial tele scope an how its wor...

how to making terrestrial tele scope an how its work and formulation of terrestrial telescope

Laser beam welding, In laser beam welding coalescence is produced by the he...

In laser beam welding coalescence is produced by the heat obtained from the application of a concentrated coherent light beam impining upon the surface to be joined .   It con

Extractive metallurgy, differences between blast , reverbatory and electric...

differences between blast , reverbatory and electric furnaces

Survey, Operations invending in chain survey

Operations invending in chain survey

Chemical engineering project, Hello, I have a chemical engineering project...

Hello, I have a chemical engineering project and I need help.

Moulding materials, The commonly used moulding materials for mould making...

The commonly used moulding materials for mould making can be broadly classified into the following two groups :             (a) Metals : Including grey cast iron, steel and an

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