ise211_role of ie in engineering economy

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Introduction Equivalence and Compound InterestPresent worth analysisAnnual cash flow analysisRate of return analysisIncremental rate of return analysisRationing capital among competing projectsOther analysis techniques (Future worth analysis, Benefit-Cost ratio analysis, etc.) DepreciationIncome taxesInflation and deflation Furthermore, this is almost certainly the first of the courses you've taken which you'll find directly useful, and you can expect to go on using it for the rest of your life: whenever you buy a car, get a mortgage, consider life insurance, or start your own company. Among other things, you should be able to use it to compare the financial advantages of going to graduate school versus starting work immediately.

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