ENGINEERING ECONOMY DIGITAL ACCESS
ENGINEERING ECONOMY DIGITAL ACCESS
8th Edition
ISBN: 9781259676819
Author: Blank
Publisher: MCG
Question
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Chapter 2, Problem 29P

(a):

To determine

Identify the value of gradient G.

(b):

To determine

Calculate the cash flow in year 5.

(c):

To determine

Identify the time period.

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For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 9% per year.
A cash flow sequence starts in year 1 at $4000 and decreases by $300 each year through year 9. Determine (a) the value of the gradient G; (b) the amount of cash flow in year 5; and (c) the value of n for the (P∕G,i%,n) factor.
Compare the accumulated values at the end of 10 years if P100 is invested at the rate of 12% per year compounded annually, semi-annually, quarterly, bi-monthly, monthly, and daily.

Chapter 2 Solutions

ENGINEERING ECONOMY DIGITAL ACCESS

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