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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 72
A small construction company is considering the purchase of a used bulldozer for $61,000. If the company purchases the dozer now, the equivalent future amount in year 4 that the company is paying for the dozer at 4% per year interest is
closest to:
a) $52,143
b) $65,461
c) $71,365
d) Over $72,000
closest to:
a) $52,143
b) $65,461
c) $71,365
d) Over $72,000
Explanation
Verified
Verified
Given information:
• Cost of machine is...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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