Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 53

One of the biggest vulnerabilities in a control system is network devices, such as Ethernet-based network switches that are located in unsecured locations and accessible to everyone. DeltaX switches, manufactured by Dahne Security, allow the user to automatically lock and unlock the port access to all switches in the network. The company is considering expanding its manufacturing lines now or doing it in 3 years. If the cost now would be $1.9 million, what equivalent amount could the company afford to spend in 3 years The interest rate is 15% per year.