Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin

Exercise 7

An engineer and her husband operate a pet sitting service on the side.They want to add a daily service of a photo placed online for pet owners who are traveling.The estimates are: equipment and setup cost $00, and net monthly income over costs $0.For a period of 2 years, will the service make at least 12% per year compounded monthly?