Mathematics For Science (ceng5301)
London Metropolitan University (LMU)
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Fundamentals of Engineering Economic Analysis
John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt
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a person borrows some money today, by tomorrow he has to pay more money than the original loan. This is also explained by the time value of money
a person borrows some money today, by tomorrow he has to pay more money than the original loan. This is also explained by the time value of money
a person borrows some money today, by tomorrow he has to pay more money than the original loan. This is also explained by the time value of money
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INVESTMENT APPRAISAL METHODS
- Lecture notes • 73 pages • 2021
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Investment Appraisal Methods 
Based on cash flow equivalence, the following are the basic methods for IAM. 
 Equivalent Present Worth 
 Equivalent Future Worth 
 Equivalent Annual Worth
intended to guide you in most appropriate way to fully understand the economics in the area of construction
The Time Value of Money is important when one is interested either in Investing or Borrowing the money
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