An undergraduate engineering student and her husband operate a pet-sitting service to help make ends meet. They

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An undergraduate engineering student and her husband operate a pet-sitting service to help make ends meet. They want to add a daily service of a photo placed online for pet owners who are traveling.

The estimates are: equipment and setup cost

$950; net monthly income over costs $70. Over a period of 3 years, will the service make at least 12% per year compounded monthly?

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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