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Engineering Economics Part 2

An equivalence relation exists when present value (PV) is less than or equal to compound value (CP). Equivalence relations compare single amounts and series of cash flows where the present value is less than or equal to the compound value. Equivalence relations determine whether PV ≤ CP for series of cash flows.

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Muhammad Jahanzaib
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53 views2 pages

Engineering Economics Part 2

An equivalence relation exists when present value (PV) is less than or equal to compound value (CP). Equivalence relations compare single amounts and series of cash flows where the present value is less than or equal to the compound value. Equivalence relations determine whether PV ≤ CP for series of cash flows.

Uploaded by

Muhammad Jahanzaib
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Equivalence relations: Single amounts and series with

PP<CP

Q#03. Define and Discuss the Equivalence Relations when


series with PP is greater or equals CP.)

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