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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 47
Income from a precious metals mining operation has been decreasing uniformly for 5 years. If income in year 1 was $300,000 and it decreased by $30,000 per year through year 4, the annual worth of the income at 10% per year is closest to:
A) $310,500
B) $258,600
C) $203,900
D) $164,800
A) $310,500
B) $258,600
C) $203,900
D) $164,800
Explanation
Verified
Verified
G is arithmetic gradient,
n is number o...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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