Five years ago, an industrial engineer deposited $10,000 into an account and left it undisturbed until now.

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Five years ago, an industrial engineer deposited $10,000 into an account and left it undisturbed until now. The account is now worth $25,000.

(a) What was the overall ROR during the 5 years?

(b) If the inflation over that period was 4% per year, what was the real ROR?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 06:27 AM

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Five years ago, an industrial engineer deposited $10,000 into an account and left it undisturbed until now.

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Engineering economy

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