An offshore services company is considering the purchase of equipment that has a cost today of $96,000.

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An offshore services company is considering the purchase of equipment that has a cost today of

$96,000. In a period of 5% per year inflation, how much will the equipment cost 3 years from now in terms of constant-value dollars? The manufacturer plans to raise the price exactly in accordance with the inflation rate.

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Oct 26, 2024 07:00 AM

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An offshore services company is considering the purchase of equipment that has a cost today of $96,000.

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Basics Of Engineering Economy

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