12. 3.66 The cost of replacing part of a cell phone video-chip production line in 6 years...

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12. 3.66 The cost of replacing part of a cell phone video-chip production line in 6 years is estimated to be $500,000. At an interest rate of 14%

per year compounded semiannually, the uniform amount that must be deposited into a sinking fund every 6 months is closest to:

1. $21,335 2. $24,825 3. $27,950 4. $97,995

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Related Book For  book-img-for-question

Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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