Questions from Engineering

Q: How many years will it take for a uniform annual deposit of

How many years will it take for a uniform annual deposit of size A to accumulate to 10 times the size of a single deposit at a rate of return of 10% per year?

Q: Demco Products, a company that manufactures stainless steel control valves,

Demco Products, a company that manufactures stainless steel control valves, has a fund for equipment replacement that contains $500,000. The company plans to spend $85,000 each year on new equipment....

Q: A company that manufactures ultrasonic wind sensors invested $1.5

A company that manufactures ultrasonic wind sensors invested $1.5 million 2 years ago to acquire part-ownership in an innovative chip-making company. How long will it take from the date of their initi...

Q: A trusted friend told you that a cash flow sequence that started

A trusted friend told you that a cash flow sequence that started at $3000 in year 1 and increased by $2000 each year would be worth $15,000 in 12 years at a rate of return of 10% per year. Is she corr...

Q: Electric car maker Gentech signed a $75 million contract with Power

Electric car maker Gentech signed a $75 million contract with Power Systems, Inc. to automate a major part of its assembly line system. If Power Systems will be paid 2 years from now, when the systems...

Q: Labco Scientific sells high-purity chemicals to universities, research laboratories

Labco Scientific sells high-purity chemicals to universities, research laboratories, and pharmaceutical companies. The company wants to invest in new equipment that will reduce shipping costs by bette...

Q: Loadstar Sensors is a company that makes load/ force sensors based

Loadstar Sensors is a company that makes load/ force sensors based on capacitive sensing technology. For a major plant expansion project, the company wants to have $30 million 5 years from now. If the...

Q: A new engineering graduate who started a consulting business borrowed money for

A new engineering graduate who started a consulting business borrowed money for 1 year to furnish the office. The amount of the loan was $45,800, and it had an interest rate of 10% per year. However,...

Q: Meggitt Systems, a company that specializes in extreme-high-

Meggitt Systems, a company that specializes in extreme-high-temperature accelerometers, is investigating whether it should update certain equipment now or wait and do it later. If the cost now is$280,...

Q: Henry Mueller Supply Co. sells vibration control equipment for wind turbines

Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future...