August 2004
Intermediate to advanced
656 pages
15h 28m
English
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Annual Equivalent, AE(i)
PW(i) and FW(i) both represent the cash-flow stream in terms of a one-time net cash-flow instance at a single point in time, either at the beginning or the end of the proposal's cash-flow stream, respectively. With annual equivalent, AE(i), the cash-flow stream is represented as a series of identical cash-flow instances over the life of the study.
AE(i) relates to PW(i) in the same way that A relates to P in the equal-payment-series present-worth (P/A) and the equal-payment-series capital-recovery (A/P) formulas in Chapter 5. The formula for AE(i) can be derived in the same manner that A and P are related. This time, just start with the PW(i) formula and multiply by the appropriate equal-payment-series capital-recovery ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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