- 3.3-1: Explain the difference between simple and com-pound interest. Which...
- 3.3-2: A woman borrowed $2000 and agreed to repay it atthe end of 3 years,...
- 3.3-3: A $5000loan was to be repaid with 8% simple annualinterest. A total...
- 3.3-4: At an interest rate of 10% per year, $100,000 today isequivalent to...
- 3.3-5: A company invested $450,000 ten years ago in a newtechnology that i...
- 3.3-6: How long will it take for an investment to double ata 4% per year s...
- 3.3-7: In your own words explain thetime value of money.From your own life...
- 3.3-8: Which is more valuable, $20,000 received now or$5000 per year for 4...
- 3.3-9: Magdalen, Miriam, and Mary June were asked toconsider two different...
- 3.3-10: How long will it take for an investment to double at4% per year com...
- 3.3-11: A firm has borrowed $5,000,000 for 5 years at 10%per year compound ...
- 3.3-12: Assume that you save 1 penny a day for 50 years,that you deposit it...
- 3.3-13: A manufacturing company made an investment 10years ago that is now ...
- 3.3-14: Solve the diagram for the unknownQassuming a10% interest rate.
- 3.3-15: A man borrowed $750 from a bank. He agreed torepay the sum at the e...
- 3.3-16: We know that a certain piece of equipment will cost$150,000 in 5 ye...
- 3.3-17: Alvins Uncle Arnold gave him $16,000 from sell-ing the old family f...
- 3.3-18: Suppose that $2000 is deposited in an account thatearns 6% interest...
- 3.3-19: An inheritance will be $20,000. The interest rate forthe time value...
- 3.3-20: Rita borrows $5000 from her parents. She repaysthem $6000. What is ...
- 3.3-21: How long would it take to double your money if youinvest it at 4% s...
- 3.3-22: A savings account earns 8% interest. If $1000 isinvested, how many ...
- 3.3-23: Mohammed can get a certificate of deposit (CD) athis bank that will...
- 3.3-24: Ace Manufacturing is building a new facility thatwill cost $44M. Ac...
- 3.3-25: How much must you invest now at 7.9% interest toaccumulate $175,000...
- 3.3-26: a)If $100 at Time 0 will be worth $110 a yearlater and was $90 a ye...
- 3.3-27: In 1995 an anonymous private collector purchased apainting by Picas...
- 3.3-28: The following series of payments will repay a presentsum of $5000 a...
- 3.3-29: What sum of money now is equivalent to $8250 twoyears later, if int...
- 3.3-30: A sum of money invested at 2% per 6-month period(semiannually), wil...
- 3.3-31: One thousand dollars is borrowed for one year atan interest rate of...
- 3.3-32: Sally Stanford is buying a car that costs $12,000.She will pay $200...
- 3.3-33: The local bank offers to pay 5% interest on savingsdeposits. In a n...
- 3.3-34: The following cash flows are equivalent in value ifthe interest rat...
- 3.3-35: The tabulated factors stop atn= 100. How can theybe used to calcula...
- 3.3-36: In 1990 Mrs. John Hay Whitney sold her paintingby Renoir,Au Moulin ...
- 3.3-37: A sumof moneyQwill bereceived 6 yearsfrom now.At 5% annual interest...
- 3.3-38: A thousand dollars is invested for 7 months at aninterest rate of 1...
- 3.3-39: A firm charges its credit customers 13/4% interest permonth. What i...
- 3.3-40: If the nominal annual interest rate is 12% com-pounded quarterly, w...
- 3.3-41: A local store charges11/2% eachmonth on the unpaidbalance for its c...
- 3.3-42: What interest rate, compounded quarterly, isequivalent to a 9.31% e...
- 3.3-43: A bank advertises it pays 7% annual interest, com-pounded daily, on...
- 3.3-44: At the Central Furniture Company, customers whobuy on credit pay an...
- 3.3-45: A student bought a $75 used guitar and agreed topay for it with a s...
- 3.3-46: A bank is offering to sell 6-month certificates ofdeposit for $9500...
- 3.3-47: Mr. Sansomewithdrew $1000from a savingsaccountand invested it in co...
- 3.3-48: The treasurer of a firm noted that many invoices werereceived with ...
- 3.3-49: Jim Duggan made an investment of $10,000 in asavingsaccount10 years...
- 3.3-50: First Bank is sending alumni of universities an invi-tation to obta...
- 3.3-51: Select the best of the following five alternatives.Assume the inves...
- 3.3-52: Traffic at a certain intersection is 2000cars perday.Aconsultant ha...
- 3.3-53: A bank pays 10% nominal annual interest on specialthree-year certif...
- 3.3-54: A department store charges 13/4% interest per month,compounded cont...
- 3.3-55: If you want a 12% rate of return, continuously com-pounded,on a pro...
- 3.3-56: Bank North advertises,We pay 6.50%, compoundeddaily. Bank South say...
- 3.3-57: Bart wishes to tour the country with his friends. Todo this, he is ...
- 3.3-58: The Ive Been Moved Corporation receives a con-stant flow of funds f...
- 3.3-59: A forklift truck costs $29,000. A company agrees topurchase such a ...
- 3.3-60: How long will it take for $10,000, invested at 5% peryear, compound...
- 3.3-61: A friend was left $50,000 by his uncle. He hasdecided to put it int...
- 3.3-62: Jack deposited $500,000 into a bank for 6 months.At the end of that...
- 3.3-63: Ace Zenovia Bank and Trust deposits $2,567,223 ofexcess capital in ...
- 3.3-64: The U.S. recently purchased $1 billion of 30-yearzero-coupon bonds ...
- 3.3-65: The Apex Company sold a water softener to MartySmith. The price of ...
- 3.3-66: The local garbage company charges $6 a monthfor garbage collection....

# Solutions for Chapter 3: Engineering Economic Analysis 12th Edition

## Full solutions for Engineering Economic Analysis | 12th Edition

ISBN: 9780199339358

Solutions for Chapter 3

Get Full SolutionsThis textbook survival guide was created for the textbook: Engineering Economic Analysis, edition: 12. This expansive textbook survival guide covers the following chapters and their solutions. Engineering Economic Analysis was written by and is associated to the ISBN: 9780199339358. Chapter 3 includes 66 full step-by-step solutions. Since 66 problems in chapter 3 have been answered, more than 16182 students have viewed full step-by-step solutions from this chapter.