Determine the engineering economy symbols

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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

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