Question

Identify the four engineering economy symbols and their values from the following problem statement. Use a question mark with the symbol whose value is to be determined. Vision Technologies, Inc., is a small company that uses ultra-wideband technology to develop devices that can detect objects (including people) inside of buildings, behind walls, or below ground.
The company expects to spend $100,000 per year for labor and $125,000 per year for supplies before a product can be marketed. At an interest rate of 15% per year, what is the total equivalent future amount of the company's expenses at the end of 3 years?



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  • CreatedDecember 17, 2012
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