Basics Of Engineering Economy
Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 3, Problem 72APQ
To determine

The greater payment period than compounding period.

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How is a Compounding Period determined?
Q3 rates and the period in which the X value is calculated and then calculate the X value. Draw the cash flow diagrams corresponding to the formulas given below. Specify the interest a. X = 1000 ā€“ 1000(A/P,8%,9)[[P/F,8%,3) + (P/F,8%,5) + (P/F,8%,8)] b. X = [300(F/A,%10,3)- 200(F/G,%10,3)](F/P,%10,1) + [300(F/A, %10,3) + 200(F/G,%10,3)](P/ F,%10,3)
Calculate the effective rate corresponding to each of the following rates:(a) 9% compounded semi-annually(b) 9% compounded quarterly(c) 9% compounded bi-monthly(d) 9% compounded monthly(e) 9% compounded continuously

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Basics Of Engineering Economy

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