Engineering Economics Flashcards
1
Q
Present Worth could also be called ___?
A
Present Worth = Capitalized Cost = Life Cycle Cost
2
Q
Effective vs Nominal Interest Rate?
A
Effective interest rate considers compounded rates
Present Worth could also be called ___?
Present Worth = Capitalized Cost = Life Cycle Cost
Effective vs Nominal Interest Rate?
Effective interest rate considers compounded rates