
Fundamentals of Engineering Economics 3rd Edition by Chan Park
Edition 3ISBN: 978-0132775427
Fundamentals of Engineering Economics 3rd Edition by Chan Park
Edition 3ISBN: 978-0132775427 Exercise 3
Consider the cash flow series shown below. Determine the required annual deposits (end of year) that will generate the cash flows from years 4 to 7. Assume the interest rate is 8%.


Explanation
Given information:
• Fourth year deposi...
Fundamentals of Engineering Economics 3rd Edition by Chan Park
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