Q2. Subject: - Engineering Economy i) If a continuousinvestment of $5,600 per year for 29 years leads to the accumulation of $500,000 at the end of this period, find the compound interest rate Continuous ii) At 35 years, at what interest rate does the annual composition of a capitaltriple? iii) Someone borrows $ 45,000 at a rate of 20% per annum and after one year begins to pay annual installments he does. If a person wants to pay the mentioned amount in 5 equal annual installments, calculate the installment amount each year and draw a cash flow chart

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Q2. Subject: - Engineering Economy
i)
If a continuousinvestment of $5,600 per year for 29
years leads to the accumulation of $500,000 at the end
of this period, find the compound interest rate
Continuous
ii)
At 35 years, at what interest rate does the annual
composition of a capitaltriple?
iii) Someone borrows $ 45,000 at a rate of 20% per annum
and after one year begins to pay annual installments he
does. If a person wants to pay the mentioned amount
in 5 equal annual installments, calculate the installment
amount each year and draw a cash flow chart
Transcribed Image Text:Q2. Subject: - Engineering Economy i) If a continuousinvestment of $5,600 per year for 29 years leads to the accumulation of $500,000 at the end of this period, find the compound interest rate Continuous ii) At 35 years, at what interest rate does the annual composition of a capitaltriple? iii) Someone borrows $ 45,000 at a rate of 20% per annum and after one year begins to pay annual installments he does. If a person wants to pay the mentioned amount in 5 equal annual installments, calculate the installment amount each year and draw a cash flow chart
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