Engineering Economics Exam 1 review ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
Formulas exam with correct answers ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
Find future given present, interest and years - correct
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answers ✔✔F=P(1+i)^n
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Find interest given present, future, and years -
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correct answers ✔✔F/P squred by n - 1
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Compounding interest formula - correct answers ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
✔✔A=P(1+r/n)^nt
When n approaches infinity - correct answers
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✔✔A=pi
When dealing with gradients years one is always -
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correct answers ✔✔Zero ||\\||\\ ||\\||\\
, When a gradient doesn't increase by the amount in ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
year two you - correct answers ✔✔Spilt the cash ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
flow diagram into an annuity and one that increases ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
by the value found in the second year
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When you find a decreasing gradient you - correct ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
answers ✔✔Turn it in to annuity by adding and ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
subtracting to achieve the highest number in the set ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
then subtract your annuity equation by the gradient ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
and multiply that by F/P ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
The summations of the upper and lower arrows must
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be - correct answers ✔✔Equal
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When separating annuities and gradients make sure ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
to that your future value to the present by - correct
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answers ✔✔Multiplying by P/F ||\\||\\ ||\\||\\ ||\\||\\
Formulas exam with correct answers ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
Find future given present, interest and years - correct
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
answers ✔✔F=P(1+i)^n
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Find interest given present, future, and years -
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
correct answers ✔✔F/P squred by n - 1
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
Compounding interest formula - correct answers ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
✔✔A=P(1+r/n)^nt
When n approaches infinity - correct answers
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
✔✔A=pi
When dealing with gradients years one is always -
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
correct answers ✔✔Zero ||\\||\\ ||\\||\\
, When a gradient doesn't increase by the amount in ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
year two you - correct answers ✔✔Spilt the cash ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
flow diagram into an annuity and one that increases ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
by the value found in the second year
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
When you find a decreasing gradient you - correct ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
answers ✔✔Turn it in to annuity by adding and ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
subtracting to achieve the highest number in the set ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
then subtract your annuity equation by the gradient ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
and multiply that by F/P ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
The summations of the upper and lower arrows must
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
be - correct answers ✔✔Equal
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
When separating annuities and gradients make sure ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
to that your future value to the present by - correct
||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\ ||\\||\\
answers ✔✔Multiplying by P/F ||\\||\\ ||\\||\\ ||\\||\\
