Question: please use engineering economics formulas rather than excel or anything else. thank you. 1. Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to

 please use engineering economics formulas rather than excel or anything else.

please use engineering economics formulas rather than excel or anything else. thank you.

1. Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be $125,000 in year one and increase by 3.5% each year through year five What is the equivalent annual worth of the maintenance costs at an interest rate of 10% per year, compounded bi-monthly (compounded once in two months)? The equivalent annual worth is $ The Premier Car Title Loan Company makes emergency loans of up to $500 for one month for a fee of 6% of the loan amount. If a person borrows $500, what is the nominal interest rate per year? The nominal interest rate per year is %. The effective interest rate per year is 96. Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $150,000, 2 years from now, and, an additional $120,000, 4 years from now. If Monongahela Power wants to set aside enough money now, to cover these future costs how much must be invested at an interest rate of 8% per year, compounded monthly? At 8% interest, Monongahela Power has to invest $ 2. 3. 4. For the cash flows shown, determine the future worth in year 5 d i Per Year 15% 15% 9% Year Cash Flow(S/year) Estimate 5000 6000 9000 1-4 The future worth in 5 years is$ 5. Thermal Systems, a company that specializes in odor control for wastewater treatment plants, made deposits of $100,000 now and $25,000 every 6 months for two years. Determine the future worth after 2 years of the deposits for j:16% per year compounded bi-weekly (compounded once in two weeks). The future worth after 2 years of the deposits for ,-16% per year, compounded bi-weekly (compounded once in two weeks) is $ Future worth, F, has to be found from a present amount, P, five years from now at an interest rate of 12% per year, compounded quarterly What interest rate must be used in the FIP factor, (FIP,i%,n), when n is 5? 6. 7. The interest rate that must be used in the FIP factor, (F/P,)%,n), when n is 5 is %

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