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Analysis, Synthesis, and Design of Chemical Processes, Fifth Edition by Debangsu Bhattacharyya, Richard Turton, Joseph A. Shaeiwitz, Wallace B. Whiting, Richard C. Bailie

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Chapter 9: Engineering Economic Analysis

WHAT YOU WILL LEARN

  • That if money is invested, it grows

  • That there are different types of interest

  • How to do interest and investment calculations

  • That there are different types of cash flow diagrams, which can be used to represent financial transactions

  • How to represent financial transactions on a cash flow diagram

  • How to include taxation

  • What depreciation is, how to calculate it, and how to include it in financial calculations

  • What inflation is, and how it is related to interest

The goal of any manufacturing company is to make money. This is realized by producing products with a high market value from raw materials with a low market value. The companies in the chemical process industry produce high-value ...

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