Contemporary Engineering Economics 6th Edition by Chan Park

تمرين 59

You have a habit of drinking a cup of Starbucks coffee ($3.75 a cup) on the way to work every morning. If instead you put the money in the bank for 30 years, how much would you have at the end of that time, assuming that your account earns 5% interest compounded daily Assume also that you drink a cup of coffee every day, including weekends.