Basics Of Engineering Economy
Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 4, Problem 14P

a:

To determine

Calculate the future worth.

b:

To determine

Calculate the future worth through spreadsheet.

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2.58 GKX Industries expects sales of its hydraulic seals (in inch and metric sizes) to increase according to the cash flow sequence ($70 + 4k), where k is in years and cash flow is in $1000. (a) What is the amount of the cash flow in year 3? (b) What is the future worth of the entire cash flow series in year 10 at i = 10% per year?
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Basics Of Engineering Economy

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