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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 84
A small chemical company that produces an epoxy resin expects its production volume to decline exponentially according to the relationship
yt =5 e 0.25 t
where y t is the production rate at time t. Simultaneously, the unit price is expected to increase linearly over time at the rate
u t = 55(1 + 0.09 t )
What is the expression for the present worth of sales revenues from t = 0 to t =20 at 12% interest compounded continuously
yt =5 e 0.25 t
where y t is the production rate at time t. Simultaneously, the unit price is expected to increase linearly over time at the rate
u t = 55(1 + 0.09 t )
What is the expression for the present worth of sales revenues from t = 0 to t =20 at 12% interest compounded continuously
Explanation
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Contemporary Engineering Economics 6th Edition by Chan Park
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