April 2016
Beginner to intermediate
784 pages
21h 25m
English
Content preview from Project Management for the Oil and Gas Industry
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401Engineering Economics for Oil and Gas
This is the converse of the uniform series present amount factor. The equation
for the uniform series capital recovery factor is obtained by solving for A in
the uniform series present amount factor. That is
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Example
Suppose a piece of equipment needed to launch a project must be pur-
chased at a cost of $50,000. The entire cost is to be nanced at 13.5%
per year and repaid on a monthly installment schedule over 4 years.
It is desired to calculate what the monthly loan payments will be. It
is assumed that the rst loan payment will be made exactly 1 month
after the equipment is n ...
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