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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 15
A Toyota Tundra can be purchased today for $32,350. A civil engineering firm is going to need three more trucks in 2 years because of a land development contract it just won. If the price of the truck increases exactly in accordance with an estimated inflation rate of 3.5% per year, determine how much the three trucks will cost in 2 years.
Explanation
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The formula for calculating the future w...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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