ECE 4000 -- Project Engineering & Professional Practice STUDY PROBLEMS #1 The principal purpose ofthe study problems isto assist you in understanding course concepts by applying them to specific problems. Simply geting the correct answer, without understanding how or why, is of itl value Therefore, you are strongly encouraged to work in groups of 2 or : on these problems, so that you can observe and discuss multiple ideas and approaches to solving the problems. 1, Problem S, page 27 inthe text. 2. Problem 12, page 28 in the text. 3. Problem 15, page 29 in the text. 4. Problem 1, page 55 in the text. 5. Problem 6, page $5 in the text, Problem 1, page 315 in the text. 7. Problem 3, page 315 in the text 8. Problem 4, page 315 in the text. 9. Identify atleast two sets of circumstances under which an economic decision might be made without considering the time-value of money. In one case, justify a decision based on intial cost. Inthe second case, justify a decision based on lowest life-cycle cost (without adjusting for time value of money). 10. A new engineer is eaming $45,000 in her first year on the job. She decides to save for retirement by investing 5% of her annual salary in a tax-deferred fund, which she does every year during a 40-year career. Assume that hher salary increases 6% per year and that the fund generates aretum of 10% per year. What is the maximum ‘amount she can withdraw from the fund in the first year of retirement, assuming that she plans to increase her future annual withdrawals by 4% per year, that the fund will earn 8% per year, and that she wants the fund to last for 25 years? HINT: Divide this problem into two parts, fsst calculating the value of the fund upon the transition from work to retirement. 6100 740 PM inm um coor 93 ‘ nor‘ wna oy 9 ee 2's tyes oor 98 @ © z * witht Kruse ato ao poems 102) 40 ons 0 3 aed po ung 9.0) dna po yea og J 8 uray tay “260 D'S Iam PEG Y GOT)“ eo ng oo 24 01290 ssn oe ganna eX pm nt oH FEL = HOLE 00 = {5900+ 1D 001 = G59) «008 ore ay a ant yp om "59s sto pay ane oe OS 88 AOL suv Tm smte w2esgoor a0 s once ‘vt rma aera wo aya says 264 J0 Yn 4D ao no (09 1) 210% LON OG “on oud go pan nse nog “abe iQ jo wong ae Bins ses ae ee AO, woes m9 ‘or etunp nope or aoe pon! ay Aono i> Sagas wegen er e999 frond empl Edun VON PoE poet ty wee poe 303 , 0 4 Ange wots eomop ota 470 up tae ppm, ngewe 2090 hep Kesoypas wo ued #2 Aesop wou 9 40 upon ron ao uy 2 0 29H "UO BH um Bona Fe aoud gs i a 5 VM 00. Ye SHOE yn ESA ra songs eet vento, {woo spun sed ewe 2 8 a omAL a EU sO HES ose jo pd er Nd Uap ‘ovsts.estouied uae 21 poe wou uaopea zw wos p sowed juve 9 pe ed amepsist 31 9D ‘pepo sea 9; sa Gd OUP om aK paRYO Se ALES Y (SHY) og [Raa Rare aap Q sto in Barro e709 2001 mad 20 1 490 | =a