5-16. a. What is the CW, when i = 10% per year, of $1,500 per year, starting...

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5-16.

a. What is the CW, when i = 10% per year, of $1,500 per year, starting in year one and continuing forever; and $10,000 in year five, repeating every four years thereafter, and continuing forever? (5.3)

b. When i = 10% per year in this type of problem, what value of N, practically speaking, defines “forever”? (5.3)

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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