Engineering Economics Table 22 Interest Factors for Discrete
Engineering Economics.
Table 2.2. Interest Factors for Discrete Compounding Name Converts Symbol Computed b Single Payment compound Amount (FIP, i, P to F n Present Worth F to P (P/F, i, n) i F to A (AIF, i, n) 1 -1 Uniform Series Sinking Fund (FIA, i, m) A to F Compound Amount P to A (AIP, i, n) (t) -1 Capital Recovery (1+i) -1 Uniform Series Present Worth A to P (PIA, i, n) i(1+i (PIC, i, m) G to P Gradient Present WorthSolution
The answer of following questions is as follows.
The equivalent present value in a year 0 is 45600.
The equivalent present value in a year 10 is 102340.
