Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin

تمرين 10

The inflation rate over a 10-year period for an item that now costs $000 is shown in the following table.( a ) What will be the cost at the end of year 10? ( b ) Do you get the same cost using an average inflation rate of 5% per year through the 10-year period? Why?