Chat with AI
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 12
An engineer who believed in "save now and play later" wanted to retire in 20 years with $1.5 million. At 10% per year interest, to reach the $1.5 million goal, starting 1 year from now, the engineer must annually invest:
a) $26,190
b) $28,190
c) $49,350
d) $89,680
a) $26,190
b) $28,190
c) $49,350
d) $89,680
Explanation
Verified
Verified
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
