Completely and thoroughly explain how the concepts of Engineering Economy could be used to help a...
Homework Answers
The decision to invest is an engineering economics concept.
This is because when an investment decision is to be made, it is important to calculate the present worth of the future expected cash flows.
The decision is to be made based on present worth analysis.
If the net present value is positive, then only the investment must be made, otherwise not.
Engineering economics analysis helps here by using concepts of calculation of net present value of future costs and benefits.
Formula to be used:
NPV = CF0/(1+r) + ... + CFn/(1+r)n
Where, CF is net cash flow each year
r is interest rate or discount rate
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question 7, can you also explain it very thoroughly how you got the
answer and the steps to get the answer such as step 1, 2, 3 that
would be much appreicated thank you very much.
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I need help with these engineering economy homework problems.
Use Microsoft Excel to solve these following problems with the
following column headers.
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answer and the steps to get the answer such as step 1, 2, 3 that
would be much appreicated thank you very much.
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I need help with these engineering economy homework problems.
Use Microsoft Excel to solve these following problems with the
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Could someone help me please. I’m really bad at Computer
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