6. 10.42 Assume the market interest rate is 8% per year and inflation averages 4% per year....

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6. 10.42 Assume the market interest rate is 8% per year and inflation averages 4% per year.

(a) Calculate the perpetual equivalent annual worth in future dollars for years 1 through ∞ for an income of $50,000 now and $5000 per year thereafter.

(b) If the amounts had been quoted in CV dollars, what is the annual worth in future dollars?

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Oct 26, 2024 10:00 AM

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6. 10.42 Assume the market interest rate is 8% per year and inflation averages 4% per year....

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Basics Of Engineering Economy

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