How much must you save each year until retirement
You believe you will spend 40,000 a year for 20 years once you retire in 40 years,. if the interest is 6% per year, how much must you save each year until retirement to meet you retirement goal.
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A company has a project under consideration that will generate an irregular cash flow for the next 10 years. It wants to make a decision whether to proceed with the option or not.
Using the same power found in the part a above, what would be the maximum outdoor temperature during the summer for this system to operate and maintain the space at 298 K?
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