A freelance electrician can purchase an equipment for $ 320,000 and use for 10 years, when its
salvage value is $50,000.
Alternatively, it can be leased for $40,000 a year. The lease payments occur every year with an
interest rate of 7%.
a. What is the interest rate for purchasing versus leasing? Which is better?
b. $65,000 each year will be spent on maintenance
that is currently spent on the purchasing power. Should he obtain the equipment ? What
is the rate of return for the equipment
using the best financing plan?

Apump is used to circulate hot water in a home heating system. water enters the well-insulated pump operating at steady state at a rate of 0.42 gal/min. the inlet pressure and temperature are 14.7 lbf/in.2, and 180°f, respectively; at the exit the pressure is 60 lbf/in.2 the pump requires 1/15 hp of power input. water can be modeled as an incompressible substance with constant density of 60.58 lb/ft3 and constant specific heat of 1 btu/lb or. neglecting kinetic and potential energy effects, determine the temperature change, in °r, as the water flows through the pump.

Afull journal bearing has a journal diameter of 27 mm, with a unilateral tolerance of -0.028 mm. the bushing bore has a diameter of 27.028 mm and a unilateral tolerance of 0.04 mm. the l/d ratio is 0.5. the load is 1.3 kn and the journal runs at 1200 rev/min. if the average viscosity is 50 mpa-s, find the minimum film thickness, the power loss, and the side flow for the minimum clearance assembly.

An engine runs on the ideal diesel cycle. the cycle has a compression ratio of 20 and a cutoff ratio of 2. the highest temperature in the cycle is 1200 k. if the heat into the system is 300 kj/kg of working fluid and using variable specific heats determine the work produced per mass of working fluid