56:054 Engineering Economy

Prof. O'Grady

1. F = P (e ^rn) = 1000 e ^(0.06x3) = 1197.22

2. Option 1: P = $200M + $250M (P/F, 6%, 20) = $277M

    Option 2: P=300M

Pick Option #1

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  [ Professor O'Grady ]