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Maria 3rd edition. Troilism will befallen. Overview of Engineering Economy 1. Every textbook comes with a day " Any Reason" guarantee. A test bank is a collection of test questions tailored to the contents of an individual textbook. Engineering Economy, 7th edition, presents a crisp, bold new design using color, highlighting and icons to focus on important concepts, terms, equations and Enter the code shown above in the box below. Grading System II. Introduction III.
Interest and Money-Time Relationship 1. Ordinary and Exact Simple Interest 2.
Accumulation and Discounting 3. Compound Interest Specific Objectives At the end of the session, the students should be able to: Assess and value their participation in creating the house rules.
Abide by the house rules set by the class. Identify and describe the course requirements and grading system. Define and state the importance of engineering economy. Discuss the basic concepts and principles of engineering economy. Differentiate ordinary and exact simple interests. Explain the relationship and significance of the rate of interest in the Compound Interest.
Use the appropriate mathematical operation in solving interest problems and money-time relationship.
Annuities 1. Ordinary Annuity 2. Deferred Annuity 3. Annuity Due 4. Perpetuity Discuss the principles of the different annuities.
Explain the formula in calculating ordinary and deferred annuities. Identify the steps in solving for the annuity due and perpetuity. Analyze and solve problems involving annuities.
Explain the basic concepts and principles of depreciation. Enumerate the importance and application of depreciation.
Measure the worth of investments. Analyze and solve problems involving depreciation. Explain the significance of income taxes. Comparison of Alternatives VI. Cost Concepts Explain the mechanism or mathematical operations in performing comparison of alternatives. Identify the parameters in selecting the best solution. Analyze and compare alternatives.