
Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598
Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 49
By using only those factors given in interest tables, find the values of the factors that follow, which are not given in your tables. Show the relationship between the factors by using factor notation, and calculate the value of the factor. Then compare the solution you obtained by using the factor formulas with a direct calculation of the factor values.
For example, ( F/P, 8%, 38) = ( F/P, 8%, 30)
( F/P, 8%, 8) = 18.6253.
(a) ( P/F, 8%, 67)
(b) (A/P, 8%, 42)
(c) ( P/A, 8%, 135)
For example, ( F/P, 8%, 38) = ( F/P, 8%, 30)
( F/P, 8%, 8) = 18.6253.
(a) ( P/F, 8%, 67)
(b) (A/P, 8%, 42)
(c) ( P/A, 8%, 135)
Explanation
(a) It is needed to find the present wor...
Contemporary Engineering Economics 6th Edition by Chan Park
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