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Assignment (EE)

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Raja Muhammadyahyahussain Khan
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247 views2 pages

Assignment (EE)

Uploaded by

Raja Muhammadyahyahussain Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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University of Lahore = Lahore Lahore School of Aviation here OT Arita SAMPLE QoLUTION Assignment No 1 Spring Semester 2020 Program: BS Aircraft Maintenance Technology Semester: 5 Instructor: Muhammad Sakhar Arshed Batch: Course: Engineering Economics Code: ECO-04402 Posting Date 15" Feb 2020 Due Date: 218 Feb 2020 Question # 1. You have just inherited $100,000 as a lump-sum amount from your distant aunt. After depositing the money in a practically risk-free certificate of deposit (CD) earning 5% per year, you plan to withdraw $10,000 per year for your living expenses. How many years will your $100,000 last in view of these withdrawals? Question # 2. Qwest Airlines has implemented a program to recycle all plastic drink cups used on their aircraft. Their goal is to generate $5 million by the end of the recycle program’s five-year life. Each recycled cup can be sold for $0,005 (1/2 cent). a, How many cups must be recycled annually to meet this goal? Assume uniform annual plastic cup usage and a 0% interest rate. b. Repeat Part (a) when the annual interest rate is 15%. ©. Why is the answer to Part (b) less than the answer to Part (a)? ‘Question # 3. A12-cylinder heavy-duty diesel engine will have a guaranteed residual value of $1,000 in 5 years. Today (year 0) the equivalent worth of this engine is how much if the interest rate is 9% per year? (Question # 4. What is the future equivalent of $1,000 invested at 6% simple interest per year for 3% years? Qi: P= $0000 i= S57, Ae $12,000 /oear nz? n ari’! os —\ cn)! = A = oe OOS ea p. (or = Casinos pos" ani os"= én = 2 oe ne iy, pos®=Q —» Ln bos 2 —+ n= Gan 14-21] vows QA Fed S million ok iniey ) CR Abillivn 3 IE veiw 0 Agee Ee 1 ae Nis ons {=F om 2 YSmillion X (a } Cope Reaytel fran = “Toroor = C) Become Of highes intacdt yate the (A/r) is een ee or renee vate. QHE 2 F- #1000 N= Syms 1 Th [yor pe? FE ae es 93 =i Pe ea Po res e 4 gua.a2 xhese] sO ot Pe a (000 n= SS rar “le een 1p Ee Pit ixn} — Fe 1000 (i+ @20t>9)

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