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 63P
To determine

Calculate the future worth.

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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.
An interest rate of 18% per year, compounded continuously, is closest to an effective: (a) 1.51% per quarter (b) 4.5% per quarter (c) 4.6% per quarter (d) 9% per 6 months
Periodic outlays for inventory-control software at Baron Chemicals are estimated to be $120,000 next year, $180,000 in 2 years, and $250,000 in 3 years. What is the present worth of the costs at an interest rate of 10% per year compounded continuously?

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EBK BASICS OF ENGINEERING ECONOMY

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