ENGINNERING ECONOMY (LOOSE)
8th Edition
ISBN: 9781260855241
Author: Blank
Publisher: MCG
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Chapter 2, Problem 31P
NMTeX Oil owns several gas wells in Carlsbad, NM. Revenue from the wells has been increasing according to an arithmetic gradient for the past 5 years. The revenue in year 1 from well no. 24 was $390,000 and it increased by $15,000 each year thereafter. Determine (a) the revenue in year 3, and (b) the equivalent annual worth of the revenue through year 5. Assume an interest rate of 10% per year.
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Chapter 2 Solutions
ENGINNERING ECONOMY (LOOSE)
Ch. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - How much money should a bank be willing to loan a...Ch. 2 - Prob. 5PCh. 2 - Prob. 6PCh. 2 - Prob. 7PCh. 2 - Prob. 8PCh. 2 - Prob. 9PCh. 2 - How much could BTU Oil & Gas Fracking afford to...
Ch. 2 - Prob. 11PCh. 2 - Prob. 12PCh. 2 - Labco Scientific sells high-purity chemicals to...Ch. 2 - Labco Scientific sells high-purity chemicals to...Ch. 2 - Prob. 15PCh. 2 - Prob. 16PCh. 2 - Prob. 17PCh. 2 - Prob. 18PCh. 2 - Prob. 19PCh. 2 - Prob. 20PCh. 2 - Prob. 21PCh. 2 - Prob. 22PCh. 2 - Prob. 23PCh. 2 - Prob. 24PCh. 2 - Prob. 25PCh. 2 - Prob. 26PCh. 2 - Prob. 27PCh. 2 - Prob. 28PCh. 2 - Prob. 29PCh. 2 - Prob. 30PCh. 2 - NMTeX Oil owns several gas wells in Carlsbad, NM....Ch. 2 - Prob. 32PCh. 2 - Prob. 33PCh. 2 - Prob. 34PCh. 2 - Prob. 35PCh. 2 - Prob. 36PCh. 2 - Prob. 37PCh. 2 - Prob. 38PCh. 2 - Prob. 39PCh. 2 - Prob. 40PCh. 2 - Prob. 41PCh. 2 - Prob. 42PCh. 2 - Prob. 43PCh. 2 - Prob. 44PCh. 2 - Prob. 45PCh. 2 - Prob. 46PCh. 2 - Prob. 47PCh. 2 - Prob. 48PCh. 2 - Prob. 49PCh. 2 - Prob. 50PCh. 2 - Prob. 51PCh. 2 - Prob. 52PCh. 2 - Prob. 53PCh. 2 - Prob. 54PCh. 2 - Prob. 55PCh. 2 - Prob. 56PCh. 2 - Prob. 57PCh. 2 - Prob. 58PCh. 2 - Prob. 59PCh. 2 - Prob. 60PCh. 2 - Prob. 61ESCh. 2 - Prob. 62ESCh. 2 - Prob. 63ESCh. 2 - Prob. 64ESCh. 2 - Prob. 65ESCh. 2 - Prob. 66APQCh. 2 - Prob. 67APQCh. 2 - Prob. 68APQCh. 2 - Prob. 69APQCh. 2 - Prob. 70APQCh. 2 - Prob. 71APQCh. 2 - Prob. 72APQCh. 2 - Prob. 73APQCh. 2 - Prob. 74APQCh. 2 - Prob. 75APQCh. 2 - Prob. 76APQCh. 2 - Prob. 77APQCh. 2 - Prob. 78APQCh. 2 - Prob. 79APQCh. 2 - Prob. 80APQCh. 2 - Prob. 1CSCh. 2 - Prob. 2CSCh. 2 - Prob. 3CSCh. 2 - Prob. 4CSCh. 2 - Prob. 5CS
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