ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.15 : Based on Time Discounting of Money, let y = x / (1 + r) ^ n, where ^ = power, r = interest rate for the period in decimal value, n = number of periods, y = current value, x = future value. According to Present Value Addition Rule, the present value of a set of future payments is equal to sum for present value of each of the payments. In an engineering business, 3 future payments are to be made : $100 after 1 year; $500 after 2 years; $200 after 3 years. (a) Form an equation of y as a function of r. (b) Find the value of y in 5 decimal places if r = 8 %.
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.15 : (a) First future payment : n = 1, x = $100. Second future payment : n = 2, x = $500. Third future payment : n = 3, x = $200. Then total y = sum of x / (1 + r) ^ n = 100 / (1 + r) + 500 / (1 + r) ^ 2 + 200 / (1 + r) ^ 3. (b) When r = 8 % = 0.08, y = 100 / (1 + 0.08) + 500 / (1 + 0.08) ^ 2 + 200 / (1 + 0.08) ^ 3 = 680.02845 (5 decimal places). The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
| Is This Answer Correct ? | 0 Yes | 0 No |
in what way biot number is differ from nusselt number?
In which state sulphur exists at 40 degrees temperature and 40 atmospheric pressure in natural gas having sulphur composition 0.1 ppm?
0 Answers Nagarjuna Fertilizers, NFCL,
Are there flow velocity restrictions to avoid static charge build up in pipelines?
If I do M tech in chemical engineering from iit kgp,iit delhi or iit kanpur...what are the job opportunities,and what salary they offered.plz tell me...i had 156 all india rank..i did not take admission ..but this year i m thinking to take admission...
What is a good relation to use for calculating tube bundle diameter?
Question 108 - (a) The correct statement about both the average value of position (<x>) and momentum (<p>) of a 1-dimensional harmonic oscillator wavefunction is <x> = <p> = 1 - x. Find the value of x. (b) The probabilities of finding a particle around points A, B and C in the wavefunction y = f(x) are P(A), P(B) and P(C) respectively. Coordinates are A (3,5), B (4,-10) and C (6,7). Arrange P(A), P(B) and P(C) in term of a < b < c, when | y-coordinate | signifies the probability.
What fluid first to be lined up in a heat exchanger whether hot or liquid?why?
an anybody provide me the HPCL apptitude papers?am having the test on this feb 27th 2008 so plz [Send This Question to Your Friend] please send me hpcl placement papers both technical and apptitude.. please
Define viscosity?
According to Shockley equation, the I – V characteristic of a diode is approximated by I = IS [ exp (nVD / VT) – 1 ]. For silicon, let the reverse bias saturation current IS as 0.000000000001. If n is ideality factor with value of 1.5, VT as thermal voltage drop of 0.026 V at room temperature, what is the value of current I that passes through the silicon diode in the heater of evaporator when the forward voltage drop VD = 0.026 V? Please take note that exp is the exponential function with e(1) = 2.718, e(2) = 7.389.
What is control valve ?
QUANTUM COMPUTING - EXAMPLE 32.4 : A system of linear congruences consists of 3 equations : X ≡ 1 (mod 2), X ≡ 3 (mod 3), X ≡ 4 (mod 5). X has positive values. (a)(i) List the values of these equations from 1 to approximately 40. (ii) Find the first smallest value and second smallest value of X. (iii) Guess the third smallest value of X. (b) Let X ≡ Aa (mod Ma), X ≡ Ab (mod Mb), X ≡ Ac (mod Mc). According to Chinese remainder theorem, X ≡ (Aa x Ya x Md + Ab x Yb x Me + Ac x Yc x Mf) [ mod (Ma x Mb x Mc) ]. (i) Show that Ma, Mb and Mc have the greatest common divisor of Ma x Mb x Mc. (ii) Find the values of Md, Me and Mf if Md = Mb x Mc, Me = Ma x Mc and Mf = Ma x Mb. (iii) Find the values of Ya, Yb and Yc if Ya = Remainder of (Md / Ma), Yb = Remainder of (Me / Mb) and Yc = Remainder of (Mf / Mc). (iv) Use Chinese remainder theorem to find X.
Civil Engineering (5086)
Mechanical Engineering (4456)
Electrical Engineering (16639)
Electronics Communications (3918)
Chemical Engineering (1095)
Aeronautical Engineering (239)
Bio Engineering (96)
Metallurgy (361)
Industrial Engineering (259)
Instrumentation (3014)
Automobile Engineering (332)
Mechatronics Engineering (97)
Marine Engineering (124)
Power Plant Engineering (172)
Textile Engineering (575)
Production Engineering (25)
Satellite Systems Engineering (106)
Engineering AllOther (1379)