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