4-41. Engineering graduates earn $750,000 more than the average Liberal Arts BA holder in a career. Assume

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4-41. Engineering graduates earn $750,000 more than the average Liberal Arts BA holder in a career. Assume the $750,000 is a lump-sum equivalent at the end of a 35-year career. How much extra does the engineering grad earn per year if the interest rate is 5% per year? (4.7.3)

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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