EBK BASICS OF ENGINEERING ECONOMY
EBK BASICS OF ENGINEERING ECONOMY
2nd Edition
ISBN: 8220102797123
Author: Blank
Publisher: YUZU
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Chapter 3, Problem 17P
To determine

Calculate the difference in total accumulated value.

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The optical products division of LG planning a $3 million building expansion for manufacturing its powerful Lumix DMC digital zoom camera. if the company uses an interest rate of 10% per year, compounded quarterly for all new investments, what is the uniform amount per quarter the company must make in order to recover its investment in 4 years?
Receipts from sales of hardened steel connectors was $50,000 in the first quarter, $51,000 in the second, and amounts increasing by $1000 per quarter through year 4. What is the equivalent uniform amount per quarter if the interest rate is 3% per quarter?
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EBK BASICS OF ENGINEERING ECONOMY

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