The by-product department of Iowa Beef has the revenue stream shown. If the interest rate is an

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The by-product department of Iowa Beef has the revenue stream shown. If the interest rate is an effective 12% per year compounded continuously, determine the annual worth of the revenues for years 1 through 5.

Year Revenue, $

0 40,000 1 40,000 2 40,000 3 50,000 4 50,000 5 50,000

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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