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please solve BOTH of them its about engineering economy. 2. A person is planning for his retirement, then he wants to know if he saves
please solve BOTH of them its about engineering economy.
2. A person is planning for his retirement, then he wants to know if he saves 1000$ per year for 12 years, what will be the size of equal yearly withdrawals after year 12. for five next years. I = 12% per year compounded quarterly. (Draw the diagram- 15 mins). 3. The information of two projects is given as follows: Project A B First Cost 22.000 19000 Annual Operation Cost 4,800 3,500 Salvage Value 2.500 1.50) Life. Years 6 Using MARR 15% per year, determine which project should be selected on the basis of a future-worth analysis. (20 mins)Step by Step Solution
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