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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 12
A manufacturer of toilet flush valves wants to have $1,900,000 available 3 years from now so that a new product line can be initiated. If the company plans to deposit money each year, starting now , the equation that represents the deposit each year at 8% per year interest is:
a) 1,900,000( A / F ,8%,3)
b) 1,900,000( A / F ,8%,4)
c) 1,900,000 + 1,900,000( A / F ,8%,3)
d) 1,900,000 + 1,900,000( A / F ,8%,2)
a) 1,900,000( A / F ,8%,3)
b) 1,900,000( A / F ,8%,4)
c) 1,900,000 + 1,900,000( A / F ,8%,3)
d) 1,900,000 + 1,900,000( A / F ,8%,2)
Explanation
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A manufactures want to have $1,900,000 a...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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