- Engineering Economics Subject 1 (62.95 KiB) Viewed 40 times
Engineering economics subject
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Engineering economics subject
Engineering economics subject
Say I received a proposal for a loan of $80,000, which I would have to repay in twenty-four fixed, monthly, due payments of $4,229.69. My minimum acceptable rate of return (m) is 3.5% per month. a) Using the criterion of the rate of return supported by an external rate (TEX), what recommendation would be given? Show your work. If flow patterns are found (uniform, arithmetic, exponential), use factors.
Say I received a proposal for a loan of $80,000, which I would have to repay in twenty-four fixed, monthly, due payments of $4,229.69. My minimum acceptable rate of return (m) is 3.5% per month. a) Using the criterion of the rate of return supported by an external rate (TEX), what recommendation would be given? Show your work. If flow patterns are found (uniform, arithmetic, exponential), use factors.
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