Energy costs for a green chemical treatment have been increasing uniformly for 5 years. If the cost

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Energy costs for a green chemical treatment have been increasing uniformly for 5 years. If the cost in year 1 was $26,000 and it increased by $2000 per year through year 5, the present worth of the costs at an interest rate of 10% per year is closest to:
(a) $102,900
(b) $112,300
(c) $122,100
(d) $195,800

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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