Title
Engineering Economics - Class 03 AnnuityCreator
Dr. Leonard Lye and Memorial University of NewfoundlandDescription
Engineering Economics is an introduction to the concepts in the determination of the economic feasibility of engineering projects; time value of money – interest rates, depreciation, annual, present and future worth analysis; benefit-cost analysis, tangible and intangible benefits and costs; economic risk and sensitivity analysis, economic optimization.
Dr. Lye discusses annuity in relation to future values, so to find out the future value of a series of costs. He discusses 6 present and future worth factors for constant single amounts and uniform amounts.
Learning Design
Show how to find the future value of a series of costs in engineering economics.Date Created
1997Format
Video/mp4Duration
27:19 minutes/seconds