Question: New actuator element technology enables engineers to simulate complex computer-controlled movements in any direction. If the technology results in cost savings in the design of
New actuator element technology enables engineers to simulate complex computer-controlled movements in any direction. If the technology results in cost savings in the design of new roller coasters, determine the future worth at 12% per year in year 6 for estimated savings of $70,000 now and $90,000 two years from now using
(a) tabulated factors, and
(b) spreadsheet functions.
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