Determine the engineering economy symbols

Assignment Help Business Economics
Reference no: EM13976452

The cost of energy for operation high lift pumps in a water distribution system was $1.4 million for the first three years. Beginning in year four, the cost increased by $30,000 each year for the next 12 years. The cost of the energy is at an interest rate of 6% per year.

a) Determine the engineering economy symbols and thier values for each option.

b) Construct the cash flow diagram

 

c) Calculate the equivalent value now

Reference no: EM13976452

Questions Cloud

Define what it means for allocation of goods to be efficient : Suppose that there are two goods, apples and oranges, and two individuals, John and Mike. John has four apples and two oranges, and Mike also has four apples and two oranges. We will call this “point A.” Define what it means for an allocation of good..
Explain whether there is a shortage of apartments-surplus : Suppose that the City of Detroit enacts a rent control law that reduces all current rents by 10%. Give the short run effects of the law: If the Detroit apartment rental market is competitive. Explain whether there is a shortage of apartments, a surpl..
What is the present worth of savings at an interest rate : A low - cost noncontact temperature measuring tool may be able to identify railroad car wheels that are in need of repair long before costly structural failure occurs. If the BNSF railroad saves 100,000 in year 1, $110,000 in year 2, and amounts incr..
Comparing the values across the two companies : Calculate the Altman Z-score for Ford and Toyota. What inferences do you draw from these values? What inferences do you draw from comparing the values across the two companies? What do you predict would happen if Ford’s auditors issued a going-concer..
Determine the engineering economy symbols : The cost of energy for operation high lift pumps in a water distribution system was $1.4 million for the first three years. Beginning in year four, the cost increased by $30,000 each year for the next 12 years. The cost of the energy is at an interes..
Perfectly competitive firms-monopolies-oligopolies : Discuss the importance of advertising in increasing sales for perfectly competitive firms, monopolies, oligopolies, and firms with monopolistic competition.
Current monetary policy expansionary : Is the current Monetary Policy expansionary or contractionary? Give your reasons for your answer. What effects does the Federal Reserve expect this policy to have on the U.S economy?
The production function for a product : The production function for a product is given by Q = 10KL , where K is the quantity of capital and L is the quantity of labour. If the price of capital input is $120 per day and the price of labour is $30 per day, what is the minimum cost of produci..
What is the long-run average cost : A firm has a production function Q = F(K,L) with constant returns to scale, where K is units of capital and L is units of labour. Input prices are r = $2 per unit of K and w = $1 per unit of L. When it produces 5 units of output, it uses 2 units of c..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Strict constructionism affect the development of banking

How did the concept of strict constructionism affect the development of banking and transportation during the antebellum years?

  Utility function-demand for x and y as functions

Martha has the utility function U(x, y) = min {4x,2y}. Write down her demand for x and y as functions of the variables m, px, and py, where m is income, px is the price of x, and py is the price of y.

  Ruth decides to open a doggie sweater company

Ruth decides to open a Doggie sweater company. It costs her approximately $5 in wool costs, and she pays $3 in labour costs to her knitting ladies. Their group meets at a hall which costs approximately $50 for rent.

  Uses two inputs-skilled workers and computers

Consider a firm that uses two inputs: skilled workers and computers. Explain what it means if skilled workers and computers are complements in production. Specifically, if the price of computers falls, and skilled workers and computers are complement..

  Schools of economic thought

Select one of the following schools of economic thought: Keynesian, Chicago, and Austrian. Identify three keys points or beliefs that are held by that particular school. What are the macroeconomic policy implications of those beliefs? Explain your an..

  What raised in the joint session of the subcommittees

You are the manager of a paper mill and have been subpoenaed to appear before a joint session of the Senate Consumer Affairs and the Senate Environmental subcommittees. What raised in the joint session of the subcommittees.

  If a high per-bag fee were charged for garbage collection

If a high per-bag fee were charged for garbage collection, how would consumers respond? What can cities do to reduce the amount of garbage that goes into landfills?

  Perfectly competitive market structure is widely regarded

The perfectly competitive market structure is widely regarded as the most desirable way in which a market should operate. Please explain why economists come to this conclusion. Please also use a real world example in your explanation and use a chart/..

  Calculate the standard deviation of the return

Suppose that a security costs $3,000 today and Pays off some amount b in one year. Suppose that B. is uncertain according to the following table of Probabilities:

  Effective method of destroying

According to Friedman, is the most effective method of destroying a free market?

  According to your information on using credit cards

A stock transaction that is made immediately at the market price is made in the. Which of the following statements is TRUE according to your information on using credit cards? Investors who sign a contract guaranteeing them the option of selling shar..

  Disposable income measure the before-tax income

Does disposable income measure the before-tax income received by resource suppliers

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