GENERAL NOTES Open book/notes . Laptops allowed Solutions presented on engineeri
ID: 2779846 • Letter: G
Question
GENERAL NOTES Open book/notes . Laptops allowed Solutions presented on engineering graph paper Only neatly written, legible solutions will be graded A correct answer without an outline of work will carry no grade Where more than one solution is presented, the first solution will be graded - . No presumptions will be made about numbers by the grader identify all numbers 1 A county parks department is considering building entry decks to monuments located at public parks Deck construction data is presented below: Brick 30 yrs. $1,800 S5/yr 7% Wood 10 yrs $450 $20lyr 7% initial Cost Maintenance Determine the best option A loan shark lends money to desperate people who are in need of immediate cash. His terms for a recent loan are “ .. if I give you S50 today, Monday, you owe me S60 ne MondayWhat are the nominal interest rate per year and the ef 2 xt rate per year? 3. A project has a first cost of $10,000, net annual benefits of $2.000, and a sa of $3,000 after 10 years. The project will be replaced identically at the end lvage value of 10 years The MARR is 15%. a) Draw a cash flow diagram b) is the system economically viable? c) What change in annual benefits will make the system brea d) What is the B/C ratin? k even?Explanation / Answer
Prinicipal Amount 50 Interest for a week 10 Interest rate for week =10*100/50 Interest rate for week 20% Nominal Interest per year =20%*52 1040% Effective int per year =(((1+20%)^52)-1) 1310363%
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