
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 51
At an interest rate of 10% per year, the capitalized cost of $10,000 in year 0, $5000 per year in years 1 through 5, and $1000 per year thereafter forever is closest to:
A)$29,652
B)$35,163
C)$38,954
D)$43,221
A)$29,652
B)$35,163
C)$38,954
D)$43,221
Explanation
The formula for calculating the present ...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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