Engineering Economy
Engineering Economy
8th Edition
ISBN: 9781259683312
Author: Blank
Publisher: MCG
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Chapter 1, Problem 27P
To determine

Draw the cash flow diagram.

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The highway department expects the cost of maintenance of a piece of heavy construction equipment to be 5000 OMR in year 1, to be 5500 OMR in year 2 and to increase annually by 500 OMR through year 10. At an interest rate of 10% per year, determine the present worth of maintenance cost. Also show the cash flow diagram
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