Engineer Economic Analys ( ETM-310 ( NO PLAGIARISM )

Engineer Economic Analys ( ETM-310 ( NO PLAGIARISM ).

I’m studying for my Engineering class and need an explanation.

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

1. 10 years ago, John opened a savings account with the Citizens Bank by depositing $10,000. The account pays 5% simple interest. 5 years after his first deposit, he made another deposit of $5,000. What will be the total amount in the account 5 years from now?

2. Elizabeth wishes to buy a $200,000 house in Lexington, KY. She can afford monthly payments up to $1,100. Thirty-year loans are available at 6% interest compounded monthly. If she can make a $20,000 down payment, can she afford to purchase the house?

Engineer Economic Analys ( ETM-310 ( NO PLAGIARISM )