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Basics of Engineering
Economy
Leland Blank, P. E.
Dean Emeritus
American University of Sharjah
United Arab Emirates
and
Professor Emeritus
Industrial and Systems Engineering
Texas A&M University
Anthony Tarquin, P. E.
Professor
Civil Engineering
University of Texas—EI Paso
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BASICS OF ENGINEERING ECONOMY
Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221
Avenue of the Americas, New York, NY 10020. Copyright © 2008 by The McGraw-Hill
Companies, Inc. All rights reserved. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the
prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in
any network or other electronic storage or transmission, or broadcast for distance learning.
Some ancillaries, including electronic and print components, may not be available to customers
outside the United States.
This book is printed on acid-free paper.
2 3 4 5 6 7 8 9 0 Blank/Farquin 0 9 8
ISBN 978–0–07–340129–4
MHID 0–07–340129–3
Global Publisher: Raghothaman Srinivasan
Executive Editor: Michael Hackett
Director of Development: Kristine Tibbetts
Developmental Editor: Lorraine K. Buczek
Executive Marketing Manager: Michael Weitz
Senior Project Manager: Kay J. Brimeyer
Senior Production Supervisor: Sherry L. Kane
Associate Design Coordinator: Brenda A. Rolwes
Cover/Interior Designer: Studio Montage, St. Louis, Missouri
Compositor: Aptara
Typeface: 10/12 Times Roman
Printer: R. R. Donnelley Crawfordsville, IN
(USE) Cover Image: Transportation Market: © Simon Fell/Getty Images; Balancing Time and
Money: © Randy Allbritton/Getty Images; Freeway Interchange: © PhotoLink/Getty Images;
Construction: © Digital Vision/PunchStock; Offshore Oil Rig: © Royalty-Free/CORBIS
Library of Congress Cataloging-in-Publication Data
Blank, Leland T.
Basics of...