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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 5
A company that makes flange-mount, motorized rotary potentiometers expects to spend $50,000 for a certain machine 4 years from now. At an interest rate of 12% per year, compounded quarterly, the present worth of the machine's cost is represented by the following equation:
A) P = 50,000( P / F , 3%, 16)
B) P = 50,000( P / F , effective i /6 months, 8)
C) P = 50,000( P / F , effective i /year, 4)
D) Any of the above
A) P = 50,000( P / F , 3%, 16)
B) P = 50,000( P / F , effective i /6 months, 8)
C) P = 50,000( P / F , effective i /year, 4)
D) Any of the above
Explanation
Verified
Verified
F is future accumulated amount,
n is nu...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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