Sales of bottled water in the u.s totaled 16.3 gallons per, Ask an Expert

Economics

Sales of bottled water in the U.S totaled 16.3 gallons per person in 2004. Water costs .40 cents per bottle.A municipal company provides tap water for $2.10 per 1000 gallons. If the average person drinks two bottles of water per day or uses 5 gallons per day in getting that amount of water from the tap.

what are the present worth values of drinking botled water or tap water per person for 1 year?

Use an interest rate of 6% per year compounded monthly and 30 days per month.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9105780

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