MATH PART 12 / GEAS PART 4 ENGINEERING ECONOMICS

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MATH PART 12 / GEAS PART 4 ENGINEERING ECONOMICS

 
CONCEPTS

MATH PART 12 / GEAS PART 4 ENGINEERING ECONOMICS

• INTEREST
• CASH FLOW DIAGRAMS
• SIMPLE INTEREST
  • ORDINARY AND EXACT SIMPLE INTERESTS
• COMPOUND INTEREST
  • CONTINUOUS COMPOUNDING
  • NOMINAL AND EFFECTIVE RATES OF INTEREST
  • EQUIVALENT NOMINAL RATES
• ANNUITY
  • TYPES OF ANNUITY
    • ORDINARY ANNUITY
    • DEFERRED ANNUITY
    • ANNUITY DUE
  • PERPETUITY
• UNIFORM GRADIENT
  • ARITHMETIC GRADIENT
  • GEOMETRIC GRADIENT
• CAPITALIZED COST AND ANNUAL COST
• COST COMPARISON OF DIFFERENT ALTERNATIVES
• DEPRECIATION
  • METHODS OF COMPUTING DEPRECIATION
    • STRAIGHT LINE METHOD
    • SINKING FUND METHOD
    • SUM OF THE YEAR’S DIGIT METHOD
    • DECLINING BALANCE METHOD
    • DOUBLE DECLINING BALANCE METHOD
• CAPITAL RECOVERY (DEPLETION)
• BOND
• BREAK-EVEN ANALYSIS

FORMULAS & SCHEMATICS 

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