The cost of a carbon-steel centrifugal pump(capacity 1000gpm x 100 psi; 100-hp motor) with all the contact parts in carbon steel is present at $20000. If the inflation rate is 2% per year, the installed cost, in dollars, of a similar unit (capacity 1500 gpm x 90 psi; 125-hp motor) will be in 2 years?

Answer rating: 100% (QA)

To calculate the installed cost of the new pump in 2 years we need to take into account the effect o... View the full answer