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# After receiving an inheritance of \$25,000 on

ISBN: 9780199339273 93

## Solution for problem 9-19 Chapter 9

Engineering Economic Analysis | 12th Edition

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Engineering Economic Analysis | 12th Edition

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Problem 9-19

After receiving an inheritance of \$25,000 on her21stbirthday, Ayn deposited the inheritance in asavings account with an effective annual interestrate of 6%. She decided to make regular deposits,beginning with \$1000 on her 22ndbirthday andincreasing by \$200 each year (i.e., \$1200 on her23rdbirthday, \$1400 on her 24thbirthday, etc.).What was the future worth of Ayns deposits on her56thbirthday?

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##### ISBN: 9780199339273

This full solution covers the following key subjects: deposits, thbirthday, Inheritance, ETC, ayn. This expansive textbook survival guide covers 18 chapters, and 1242 solutions. The full step-by-step solution to problem: 9-19 from chapter: 9 was answered by , our top Engineering and Tech solution expert on 09/09/17, 04:21AM. Engineering Economic Analysis was written by and is associated to the ISBN: 9780199339273. The answer to “After receiving an inheritance of \$25,000 on her21stbirthday, Ayn deposited the inheritance in asavings account with an effective annual interestrate of 6%. She decided to make regular deposits,beginning with \$1000 on her 22ndbirthday andincreasing by \$200 each year (i.e., \$1200 on her23rdbirthday, \$1400 on her 24thbirthday, etc.).What was the future worth of Ayns deposits on her56thbirthday?” is broken down into a number of easy to follow steps, and 56 words. This textbook survival guide was created for the textbook: Engineering Economic Analysis, edition: 12. Since the solution to 9-19 from 9 chapter was answered, more than 237 students have viewed the full step-by-step answer.

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