Midterm_spr2008 - E-120 Principles of Engineering Economics Midterm Exam Ismail Ceylan Name(please print SID Clearly state all the mathematical

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E-120: Principles of Engineering Economics Midterm Exam March 19, 2008 Ismail Ceylan Name: ___________________________________________ (please print) SID: ______________________ Clearly state all the mathematical expressions that are needed to solve the problems. No credit will be given to numerical answers without the proper setup. Answer each of the following questions in the space provided. If you need more space to show major computations you performed to obtain your answer for a particular problem, use the back of the preceding page. Present your work in an organized and neat fashion. Good Luck! Problem (points) 1 (40) 2 (30) 3 (35) Total (100 + 5 bonus) Score
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Problem 1 (40 points) You have just graduated and have been offered the following job: If you accept the offer, you will receive monthly salaries. The starting monthly salary is $8,000 to be paid at the end of January 2009. The monthly salary will increase by 6 percent at the end of each year (So, you will receive 12 monthly salaries of $8,000 in
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This note was uploaded on 08/30/2008 for the course ENGIN 120 taught by Professor Ilan during the Spring '08 term at University of California, Berkeley.

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Midterm_spr2008 - E-120 Principles of Engineering Economics Midterm Exam Ismail Ceylan Name(please print SID Clearly state all the mathematical

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