In an effort to retain troops who are proficient with weapons and who can speak the languages of Middle Eastern countries, the Pentagon offered bonuses of $150,000 to specialized personnel who were near or already eligible for retirement. If 400 enlisted personnel accepted the bonus in year one, 300 in year two, and 600 in year three, what was the equivalent annual cost of the program over the 3-year period at an interest rate of 6% per year?

Q: El Paso Water (EPW) purchases surface water for treatment and distribution to EPW customers from the…

A: (a)   Suppose, the cost decreases from (CI) 8 % to (C2) 4. Time period is 20 year. Water cost in the…

Q: Western Refining purchased a model MTVS peristaltic pump for injecting antiscalant at its…

A: Time period is denoted by ‘n’ and interest rate is denoted by ‘i’. It is given that the cost of pump…

Q: TMI Systems, a company that customizes software for construction cost estimates, repaid a loan…

A: A=P1+R×T100Where, A=AmountP=Principal R=Rate of interest and T=Time in years

Q: The present worth of of P40,000 in the first year and amounts of increasing by P3,000 per year…

A: Given: Rate of interest=13% Amount in 1st year=P 40000 Increase in amount through 5 years=P 3000 per…

Q: The future worth in year 10 of a cash flow series that starts in year 2 at $100,000 and decreasing…

A: The future value of the cash flow is calculated as follows.

Q: dentify the four engineering economy symbols and their values. Use a question mark with the symbol…

A:

Q: A large water utility is planning to upgrade its SCADA system for controlling well pumps, booster…

A: Present worth: Present worth can be calculated as follows:

Q: Rolled ball screws are suitable for high-precision applications such as water jet cutting. Their…

A: Given:  The interest rate is = 8% To Find: The equivalent annual cost

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A: The device cost is $260 and number of new cars which need the devices are 100,000. “A” represent the…

Q: The TerraMax truck currently being manufactured and field tested by Oshkosh Truck Co. is a…

A: The nominal interest rate or money interest rate can be any declared rate of interest per annum…

Q: For the following cash flow, find the equivalent annual worth in years 1 to 7 at interest rate of…

A: Given interest rate = 10% First-year cash flow = 800 the annual decrease in cash flow = 50

Q: The Department of Traffic Security of a city is considering the purchase of a new drone for aerial…

A:

Q: The cost of grocery will increase $12% per year starting 3 years from now and will continue until…

A: Given information The cost of grocery in year 1 and year 2 is $1500 Cost is increasing by 12% every…

Q: Hughes Cable Systems plans to offer its employees a salary enhancement package that has revenue…

A: Given information: Sales = 5 million Interest rate = 8% Time period = 5 years

Q: A company expects the cost of equipment maintenance to be s5,000 in year one, s$5,500 in year two,…

A: The present worth can get determined using the following formula: Present Worth=Cash Flow Each…

Q: The officers and Board of Directors of the Philippine Institute of Civil Engineers desire to award a…

A: 1 sep 2007 - Initial inflow       = 18000 Interest income                       =1440  (18000*8% =…

Q: Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce…

A:

Q: A small oil company wants to replace its Micro Motion Coriolis flowmeters with Emerson FSeries…

A: Money interest rate (i) is any given or declared rate of interest. Present value (PV) is the…

Q: Erbitux is a colorectal cancer treatment drug that is manufactured by ImClone Systems, Inc. If the…

A: The treatment for a cancer is necessary and the amount of the which is to be paid can be taken out…

Q: warranty expired after 3 years of ownership. The cost of periodic mainten $800 every 2 years. If the…

A: First we compute Calculate the present worth of the repair and maintenance. Second we compute…

Q: The present sum needed to provide for an annual withdrawal of $1,500 for 25 years beginning 5 years…

A: We are going to use Present Value approach to answer this question.

Q: The pumping cost for delivering water from the Ohio River to Wheeling Steel for cooling hot rolled…

A:

Q: Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be…

A: Assuming 1 year = 26 weeks i per week = 10%/ 26 = 0.3846153% per week Effective interest rate = (1 +…

Q: he present sum needed to provide for an annual withdrawal of $2,000 for 20 years beginning 5 years…

A: Given: Annual withdrawal=$2000 Number of years=20 Interest rate=7%

Q: Radio Frequency Identification (RFID) is a technology used by drivers with “speed passes” at toll…

A: Savings (S) occurring in the third month is $1,300,000. Time period 1 (n1) is 2 months. Interest…

Q: The officers and Board of Directors of the Philippine Institute of Civil Engineers desire to award a…

A: a. The cash flow diagram for the given details is showing below. Initially, they deposited $18,000…

Q: One plan to raise money for Texas schools involves an "enrichment tax" that could collect $56 for…

A: In financial matters and money, present worth (PV), otherwise called present limited esteem, is the…

Q: A broadband service company borrowed $2 million for new equipment and repaid the loan in amounts of…

A: Initial Amount = 2000000 Cash Flow in year 1 nd 2  = 209,000 In year 3 = 2200000

Q: For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9…

A: The equivalent annual cost of an asset is the annual cost of owning, operating, and maintaining it…

Q: McCarthy Construction is trying to bring the company-funded portion of its employee retirement fund…

A: The deposit (D) is $500,000 in each of the last 5 years. Time period 1 (n1) is 4 years. Deposit…

Q: Stanley, Inc. makes self-clinching fasteners for stainless steel applications. It expects to acquire…

A: Given annuity amount (A) = $125000 Number of years (n )= 4 years Interest earning rate (r) = 10%

Q: The Nicor family is planning to purchase a new home 3 years from now. If they have $240,000 now, how…

A:

Q: Beginning 1 month from now, Thaxton Mechanical Products will set aside $1500 per month for possibly…

A: The rate of return is 18% per year. Present cash flow is 1500. Future value of annuity or the total…

Q: The officers and Board of Directors of the Philippine Institute of Civil Engineers desire to award a…

A: 1 sep 2007 - Initial inflow       = 18000 Interest income                       =1440…

Q: A construction company plans to accelerate the payments on an equipment loan as production…

A: The initial payment,A1  = P10,000 per year. Annual addition, (G) = P1,000 Time period, (n) = 10…

Q: At an interest rate of 10% per year, the perpetual equivalent annual cost of $70,000 now, $100,000…

A: Given the interest rate = 10% Current perpetual equivalent cost = $70000 At the end of six year =…

Q: You found a report stating that the equivalent annual worth of chemical costs associated with a…

A: The costs of water treatment (annual worth) = $125000 First year cost (base amount)= $190000…

Q: ] The present worth of $1,000 deposits in years 1 through 5 and a single disbursement of $500 in…

A: GIVEN   The present worth of $1,000 deposits in years 1 through 5 and a single disbursement of $500…

Q: A construction management company is examining its cash flow requirements for the next few years.…

A: The Answer is given below

Q: What is the present worth of $30,000 in year 8 at an interest rate of 10% per year?

A: Given: Future value (F.V.) = $30,000 Number of years (n) = 8 years Interest rate (r) = 10% = 0.1%…

Q: The highway department expects the cost of maintenance of a piece of heavy construction equipment to…

A: Cash flow refers to the inflow and outflow of cash in a project or a business. The present worth of…

Q: How much is the interest that will be paid on a Php25,000 loan that was made on May 1, 2002 and…

A: Given information: Principal amount (P): Php25,000 Interest rate (R): 8% per year Time period (T):…

Q: The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate…

A: The formula for present value (PV) is as follows: PV=FV×1(1+r)n , where FV is the future value, r is…

Q: . Beckton Steel Products, a company that specializes in crankshaft hardening, is investigating…

A: In economics, FV {future value} is described as the value at a future date of a present ongoing…

Q: Wrangler Western has some of its jeans stone-washed under a contract with an independent contractor,…

A: Present worth can be calculated using formulae:- P=A1 [1-(1+g/1+i)n/(i-g)]Where;g=geometric…

Q: The officers and Board of Directors of the Philippine Institute of Civil Engineers desire to award a…

A: The pending amount for each year can be calculated by using the following formula..

Q: Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure…

A: Present worth of saving can be calculated as follows:

Q: What is the equivalent annual cost in years 1 through 8 of a contract that has a first cost of…

A: Given: First Cost=$72000 Annual cost from Year 3-8=$16000 Interest rate=14%