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

Case study, dhpl is the firm situated in faridabad,its ending year on 31st ...

dhpl is the firm situated in faridabad,its ending year on 31st march 2009 ,1000million asset base rs.650 million & the net profit of the company was 76 milloin the managmnt of the

Flash in forging, Q. Explain the following terms.             ...

Q. Explain the following terms.             (i) Flash in forging.            (ii) Fullering and up setting in forging.            (iii) Trimming of

Nozzle area and shape control, Nozzle Area and Shape Control In a high ...

Nozzle Area and Shape Control In a high by-pass ratio engine with a single-stage fan without inlet guide vanes, the predominant sources governing the overall noise level are th

Exhaust duct arrangement in aircraft, Exhaust duct arrangement in Aircraft:...

Exhaust duct arrangement in Aircraft: Exhaust ducts are invariably positioned to ensure that on the ground as the hot gases are directed away from the maintenance crews and air

Changes in temperature and pressure-aircraft maintenance, Changes in temper...

Changes in temperature and pressure: The changes in temperature and pressure of the gases through a gas turbine engine are illustrated in Figure 1.5 The efficiency with which t

Financial managment, what is the consideration of time importance in financ...

what is the consideration of time importance in financial management? how can time time be adjust illustrate you?

Deadlock based problem in operating system, Deadlock based problem in opera...

Deadlock based problem in operating system# Deadlock usually occurs between a known set of processes that end up waiting on each other. If we cannot prevent or avoid deadlock, anot

Metallurgy engg., why practical engineering materials are homogeneous and i...

why practical engineering materials are homogeneous and isotropic?

Strength of materials, a rectangular beam of size 40mm*60mm is subjected to...

a rectangular beam of size 40mm*60mm is subjected to bending. the maximum bending stress is limited to 75N/mm^2. find the moment of resistance of beam section.

Java, I''m trying to figure out how to use a for and while loop to: print e...

I''m trying to figure out how to use a for and while loop to: print each word found in 4 columns across the output page, in the order they were found. This means you must print the

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