GKX Industries expects sales of its hydraulic seals (in inch and metric sizes) to increase according to

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GKX Industries expects sales of its hydraulic seals (in inch and metric sizes) to increase according to the cash flow sequence $70 + 4 k, 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? Let i = 10% per year.


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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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