Engineering economics subject
Posted: Mon May 02, 2022 9:40 am
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.
- Engineering Economics Subject 1 (62.95 KiB) Viewed 41 times