Sustainable Energy
2nd Edition
ISBN: 9781337551663
Author: DUNLAP, Richard A.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 11P
To determine
Calculate the payback period of the facility.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
At a certain interest rate compounded quarterly, 1000 will amount to 4500 in 15 years. What is the amount in 10 years?
A company plans to set aside $50,000 per year beginning 1 year from now for replacing equipment 6 years from now. What will be the purchasing power (in terms of current-value dollars) of thr amount accumulated, if the investment grows by 10% per year, but inflation averages 4% per year.
An asset originally costs P500,000 depreciates in value each year by 10% of its value at the beginning of that year.
A. Find its book value when it is 6 years old?
Chapter 2 Solutions
Sustainable Energy
Ch. 2 - A quantity has a doubling time of 110 years....Ch. 2 - The population of a particular country has a...Ch. 2 - Prob. 4PCh. 2 - Prob. 5PCh. 2 - The total world population in 2012 was about 7...Ch. 2 - The population of a state is 25,600 in the year...Ch. 2 - The population of a country as a function of time...Ch. 2 - Prob. 9PCh. 2 - Prob. 10PCh. 2 - Prob. 11P
Knowledge Booster
Similar questions
- engineering economics What is the future value after two years on the basis of compound interest for an amount of $5,000 deposited in a bank that pays annual interest of 10%?arrow_forwardThe tag price of a certain commodity is payable in 100 days but if paid in 40days there will be a 2% discount.Find the annual rate of simple interestarrow_forwardExxonMobil is using a recently installed remotely controlled system to detect underwater leakage from offshore platforms. Assume this system costs $3 million to install and an estimated $200,000 per year for all materials, operating, personnel, and maintenance costs. The expected life is 10 years. An engineer wants to estimate the total revenue requirement for each 6-month period that is necessary to recover the investment, interest, and annual costs. Find this semiannual A value if capital funds are evaluated at 8% per year compounded semiannually.arrow_forward
- Find the compound interest at the end of the 10 years for 5000 at 8% compounded quarterlyarrow_forwardAn investment company advertises accounts that actually yields 13% interest per year when compounded semiannually. What is the nominal interest rate per year?arrow_forwardAn engineer who is planning his retirement has decided that he will have to withdraw $10 000 from his savings account at the end of each year. How much money must theengineer have in the bank at the start of his retirement, if his money earns 6% per year,compounded annually, and he is planning a 12-year retirement (say 12 annual withdrawals)? eng econarrow_forward
- At 6% interest rate, find the capitalized cost of a building whose cost is ₱250M with a life of 20 years. The building must be partially rebuilt at a cost of ₱130M at the end of each 20 yearsarrow_forwardan equipment costing P 270,000 has an estimated scrap value of P 25000 at the end of its economic life of 11 years. Using Double-Declining Balance Method, what is the book value after 7 years?arrow_forwardAn investor makes a loan of $5000, to be repaid in one lump sum at the end of one year. What annual interest rate (%) corresponds to a lump-sum payment of $5425?arrow_forward
- An engineer plans to retire in exactly one year and wants an account that will pay him ₱31,000 a year for the next 14 years. Assuming a 6% annual effective rate, what is the amount he would need to deposit now? (The fund will be depleted after 14 years). Find Parrow_forwardA merchant is offered a 5.25% discount for immediate payment of a bill which is due in 96 days. What is largest simple interest rate at which he could afford to borrow in order to pay cash?arrow_forwardShow complete solution with cash flow diagram.The annual income from a rented house is $12.000. The annual expenses are $3000. If the house can be sold for $145,000 at the end of 10 years, how much could you afford to pay for it now, if you considered 18% to be a suitable interest rate?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Fundamentals Of Construction EstimatingCivil EngineeringISBN:9781337399395Author:Pratt, David J.Publisher:Cengage,Engineering Fundamentals: An Introduction to Engi...Civil EngineeringISBN:9781305084766Author:Saeed MoaveniPublisher:Cengage Learning
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Cengage,
Engineering Fundamentals: An Introduction to Engi...
Civil Engineering
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Cengage Learning