ENGINEERING ECONOMY W/CONNECT(LL)
ENGINEERING ECONOMY W/CONNECT(LL)
8th Edition
ISBN: 9781307168761
Author: Blank
Publisher: MCG/CREATE
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Chapter 2, Problem 5P
To determine

Calculate future value.

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A construction and engineering company plans on opening an office in Dubai. Over the 25 years the office is expected to have a positive cash flow of $250,000 per year. At an interest rate of 12%, what is the equivalent present worth?
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.
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ENGINEERING ECONOMY W/CONNECT(LL)

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