If 'S' is the amount available after 'n' interest periods for an initial principal 'P' with the discrete compound interest rate 'i', the present worth is given by
Options
A. (1 + i)n/S
B. S/(1 + i)n
C. S/(1 + in)
D. S/(1 + n)i
Correct Answer
S/(1 + i)n
Chemical Engineering Plant Economics problems
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1. Gantt chart (or Bar chart) is helpful in
Options
A. efficient utilisation of manpower and machines.
2. Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.
3. An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the
8. Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment.
9. The __________ of a chemical company can be obtained directly from the balance sheet as the difference between current assets and current liabilities.