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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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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