13. 2.58 GKX Industries expects sales of its hydraulic seals (in inch and metric sizes) to increase...
Question:
13. 2.58 GKX Industries expects sales of its hydraulic seals (in inch and metric sizes)
to increase according to the cash flow sequence ($70 + 4k), where k is in years and cash flow is in $1000.
1. What is the amount of the cash flow in year 3?
2. What is the future worth of the entire cash flow series in year 10 at i = 10%
per year?
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Related Book For
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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