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FALL 2020 MENG 0429 - Engineering Economics Problem Set # 1 1. Determine the value of Q for the two cash flows to be equivalent.

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FALL 2020 MENG 0429 - Engineering Economics Problem Set # 1 1. Determine the value of Q for the two cash flows to be equivalent. Assuming a 4% annual interest rate. 800 3Q 400 20 9 Yv= 3 2 3 2. You borrowed $4,000.00 at 1% per month and agreed to repay in equal monthly payments over the next 3 years. What is your monthly payment

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