Aquatech Microsystems spent $183,000 for a communications protocol to achieve interoperability among its utility systems. If the

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Aquatech Microsystems spent $183,000 for a communications protocol to achieve interoperability among its utility systems. If the company uses a real interest rate of 15% per year on such investments and a recovery period of 5 years, what is the equivalent annual worth of the expenditure in then-current dollars at an inflation rate of 6% per year?

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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