What is the future worth in year 5 of savings

Reference no: EM13190857

New actuator element technology enables engineers to simulate complex computer-controlled movements in any direction. If the technology results in cost savings in the design of amusement park rides, what is the future worth in year 5 of savings of $70,000 now and $20,000 per year in years 1 through 3 at an interest rate of %10 per year.

Reference no: EM13190857

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What is the future worth in year 5 of savings : New actuator element technology enables engineers to simulate complex computer-controlled movements in any direction. If the technology results in cost savings in the design of amusement park rides, what is the future worth in year 5 of savings.

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