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Basic Concepts | |
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Interest | |
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Interest Rate | |
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Simple Interest | |
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Compound Interest | |
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The Time Value of Money | |
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Inflation | |
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Taxes | |
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Cash Flows | |
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Annual Compounding | |
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Single-Payment, Compound-Amount Factor | |
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Single-Payment, Present-Worth Factor | |
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Uniform-Series, Compound-Amount Factor | |
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Uniform-Series, Sinking-Fund Factor | |
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Uniform-Series, Capital-Recovery Factor | |
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Uniform-Series, Present-Worth Factor | |
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Gradient Series Factor | |
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Algebraic Relationships and Solution Procedures | |
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Relationships Between Interest Factors | |
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Linear Interpolation | |
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Unknown Number of Years | |
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Unknown Interest Rate | |
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Discrete, Periodic Compounding | |
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Nominal and Effective Interest Rates | |
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When Interest Periods Coincide with Payment Periods | |
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When Interest Periods Are Smaller than Payment Periods | |
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When Interest Periods Are Larger than Payment Periods | |
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Continuous Compounding | |
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Nominal and Effective Interest Rates | |
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Discrete Payments | |
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Continuous Payments | |
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Equivalence | |
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Economic Equivalence | |
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The Cost of Capital | |
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Stock Valuation | |
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Bond Valuation | |
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Minimum Attractive Rate of Return | |
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Fair Market Value | |
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PW, FW, EUAS/EUAC | |
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Present Worth | |
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Future Worth | |
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Equivalent Uniform Annual Series | |
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Capital Recovery | |
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Capitalized Equivalent | |
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Net Present Value, Rate of Return, Payback Period, Benefit-Cost Ratio | |
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Net Present Value | |
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Rate of Return | |
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Payback Period | |
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Benefit-Cost Ratio | |
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Choosing Among Investment Alternatives | |
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Setting the MARR | |
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Project Selection and Budget Allocation | |
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The Reinvestment Fallacy | |
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Equipment Replacement and Retirement | |
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Retirement and Replacement Decisions | |
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Economic Life of an Asset | |
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Retirement/Replacement Economics | |
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Replacement Assumption for Unequal-Lived Assets | |
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Depreciation and Taxes | |
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Definitions | |
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Straight-Line Method | |
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Declining-Balance Method | |
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Sum-of-Years'-Digits Method | |
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Sinking-Fund Method | |
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Group and Composite Depreciation | |
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Additional First-Year Depreciation; Investment Tax Credit | |
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Comparison of Depreciation Methods | |
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Business Net Income and Taxes | |
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Comparative Effects of Depreciation Methods on Income Taxes | |
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The Accelerated Cost Recovery System | |
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Choice of Depreciation Method | |
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Depreciation and Cash Flow | |
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Before- and After-Tax Economic Analyses | |
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Preparing and Presenting an Economic Feasibility Study | |
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Introduction | |
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Background Information | |
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Market Study | |
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Project Engineering | |
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Cost Estimation | |
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Estimation of Revenues | |
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Financing | |
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Compound Interest Factors-Annual Compounding | |
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Nominal Versus Effective Interest Rates | |
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Compound Interest Factors-Continuous Compounding | |
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Continuous Versus Annual Uniform Payment Factors | |
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Index | |