How much must you save annually in expenses for 10 years in order to justify an expenditure

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How much must you save annually in expenses for 10 years in order to justify an expenditure of $15 000 now (for example if you purchase a car in order to save on public transport costs)? Assume an interest rate of 5% per annum.

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Infrastructure Investment An Engineering Perspective

ISBN: 9781466576698

1st Edition

Authors: David G. Carmichael

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Question Posted: Oct 26, 2024 06:00 AM

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How much must you save annually in expenses for 10 years in order to justify an expenditure

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Infrastructure Investment An Engineering Perspective

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