The cost of energy for operating high-lift pumps in a water distribution system was $1.4 million for
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The cost of energy for operating high-lift pumps in a water distribution system was $1.4 million for the first three years. Beginning in year four, the cost increased by $30,000 each year for the next 12 years. What is the present worth in year 0 of these energy costs at an interest rate of 6% per year?
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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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