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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 10
GKX Industries expects sales of its hydraulic seals (in inch and metric sizes) to increase according to the cash fl ow sequence $70 + 4 k , where k is in years and cash fl ow is in $1000.
a) What is the amount of the cash fl ow in year 3
b) What is the future worth of the entire cash fl ow series in year 10 Let i =10% per year.
a) What is the amount of the cash fl ow in year 3
b) What is the future worth of the entire cash fl ow series in year 10 Let i =10% per year.
Explanation
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Given information:
• First year cash fl...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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