Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 69

CGK Rheosystems makes high-performance rotational viscometers capable of steady shear and yield stress testing in a rugged, compact footprint. How much could the company afford to spend now on new equipment in lieu of spending $200,000 one year from now and $300,000 three years from now, if the company uses an interest rate of 15% per year