
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 1
The net cash flow associated with development and sale of a new product is shown. Determine the present worth at an interest rate of 12% per year. The cash flow is in $1000 units. Show
a) hand and b) spreadsheet solutions.
a) hand and b) spreadsheet solutions.

Explanation
Given information:
Table -1 • Interest...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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