8. 3.26 Ellis Autotrol, Inc. plans to install an ecofriendly energy recovery system that will cost an

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8. 3.26 Ellis Autotrol, Inc. plans to install an ecofriendly energy recovery system that will cost an estimated $86,900 if it is installed 5 years from now. The company uses an interest rate of 10% per year compounded continuously.

(a) How much could it spend now?

(b) Solve this problem using either the EXP or EFFECT function on a spreadsheet.Page 104

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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 25, 2024 02:00 PM

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8. 3.26 Ellis Autotrol, Inc. plans to install an ecofriendly energy recovery system that will cost an

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Basics Of Engineering Economy

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