Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

تمرين 55

Ford Motor Company announced that the price of its F 150 pickup trucks is going to increase by only the inflation rate for the next 3 years. If the current price of a well equipped truck is $28,000 and the inflation rate averages 2.1% per year, what is the expected price of a comparably equipped truck next year 3 years from now