
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
Suppose you deposited $1,000 five years ago and another $1,000 three years ago in your savings account. If your current account balance shows $2,529.24, what is the rate of return on your deposit?
Explanation
Given information:
• An individual depo...
Fundamentals of Engineering Economics 3rd Edition by Chan Park
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