Lotus Development has a software rental plan called SmartSuite that is available on the world wide web.

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Lotus Development has a software rental plan called SmartSuite that is available on the world wide web. A number of programs are available at

$2.99 for 48 hours. If a construction company uses the service an average of 48 hours per week, what is the present worth of the rental costs for 10 months at an interest rate of 1% per month compounded weekly? Assume 4 weeks per month.

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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