LSCM 5704 Principles of Engineering Economics

Homework 2

Due Date: November 19, 2010

1. A company borrowed $10,000,000 from the bank, under the 8%

nominal interest rate, compounded semiannually. Suppose the money
must be repaid in equal end-of-year amounts (including both interest
and principal) over the next six years.
a. How much must the company repay at the end of each year?
b. How much of the total amount repaid is interest?

2. An expenditure of $20,000 is made to modify a material-handling

system in a small job shop at the beginning of the year. This
modification will result in first-year savings of $2,000, a second-year
savings of $4,000, and a savings of $5,000 per year thereafter. How
many years must the system last if an 18% return on investment is
required? The system is tailor made for this job shop and has no
market (salvage) value at any time. And the savings are end-of-year
amounts.

3. You owe your best friend $2,000. Because you are short on cash, you
offer to repay the loan over 12 months under the following condition.
The first payment will be $100 at the end of month one. The second
payment will be $100 + G at the end of month two. At the end of
month three, you will repay $100 + 2G. This pattern of increasing G
amounts will continue for all remaining months.
a. What is the value of G if the interest rate is 0.5% per month?
b. What is the equivalent uniform monthly payment?
c. Repeat Part (a) when the first payment is $150 (i.e., determine G).

4. A 50-kilowatt gas turbine has an investment cost of $45,000. It costs

another $12,000 for shipping, insurance, site preparation, fuel lines,
and fuel storage tanks. The operation and maintenance expense for
this turbine is $1,500 per year. Additionally, the hourly fuel expense
for running the turbine is $9.00 per hour, and the turbine is expected to
operate 3,200 hours each year. The cost of dismantling and disposing
of the turbine at the end of its 10-year life is $12,000.
a. If the MARR is 12% per year, what is annual equivalent life-cycle
cost of the gas turbine?
b. What percent of annual life-cycle cost is related to fuel?

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 LSCM5704 工程经济学原理
家庭作业 2

截止上交日期：2010 年 11 月 19 日

1. 某公司向银行贷款 $ 10,000,000。名义年利率为 8%，半年收息

一次。在此后的 6 年中，该公司准备以每年等额还款的方式将
贷款以及利息全数还清。假设所有还款均在年末结算。
a. 该公司每年需要还款多少元？
b. 该公司为此笔贷款总共付出多少利息？

2. 一个小工作室年初需要 20,000 元去维修其材料处理系统。这

次维修会在第一年节省 2000 元，第二年节省 4000 元，其后的
每年节省 5000 元。如果要求该维修有 18％的回报率，那么此
系统需要维持多少年？假设此系统是为该工作室量身订做，在
任何时候都没有市场价值。此外，节省金额均在年末结算。

3. 假设你欠一个朋友 $2,000，你希望在未来的 12 个月以以下方

式将借款全数还清：第一个月月底还掉 $100，第二个月月底
还掉 $100+G, 第三个月月底还掉 $100+2G, 以此类推，每个月
还款比前一个月增加 G, 直至第十二个月。
a. 如果每个月的月利率为 0.5%， 那么 G 取值为多少？
b. 如果采取等额还款的方式，那么每个月还款额为多少？
c. 如果依然采取（a）中相等增额的方式，将起点 $100 改
为 $150，那么 G 将取值多少？

4. 一个 50 千瓦的汽油涡轮机价格为 $45,000，购买时需另付
$12,000 作为运输、保险、安装等费用。在机器使用过程中，
每年的维护费为 $ 1,500。此外，该涡轮机运行时每小时耗油
费用为 $9，每年运行时间为 $3,200 小时。假定该机器使用寿
命为 10 年，并且第 10 年年底，需要 $12,000 作为处理费。
a. 假定市场年利率为 12%，那么，从购买到最后处理的整
个过程中，该机器的每年等价使用费用为多少？
b. 油耗支出在等价总费用中所占百分比为多少？

-完-