Question: engineering econ 1.) 2.) Solve the following problems: Note: 1. Show your calculations clearly. 2. Draw the cash flow diagram wherever necessary. 3. Comment on

engineering econ
engineering econ 1.) 2.) Solve the following problems: Note: 1. Show your
1.)
calculations clearly. 2. Draw the cash flow diagram wherever necessary. 3. Comment
2.)
on the results when it is appropriate. 1. A software engineer planning

Solve the following problems: Note: 1. Show your calculations clearly. 2. Draw the cash flow diagram wherever necessary. 3. Comment on the results when it is appropriate. 1. A software engineer planning for his retirement will deposit 15% of his salary each year into a high technology stock fund. If his salary this year is $150,000 and he expects his salary to increase 6% each year, how much will he have in the fund after 15 years if the fund earns 18% per year? Draw the cash flow diagram. FIA - [llite)"-(1+9)/e-g 4-0.12 x 120,000 A = 14,400 2. Calculate the present worth for a CNC machining center that has an initial cost of $75,000, a life of 10 years, and an annual operating cost of $20,000 for the first 4 years, increasing by 15% per year thereafter. Use an interest rate of 20% per year. What will be the future worth at the end of year 10? Draw the cash flow diagram

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