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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 10
A conventional (or simple) cash flow series is one wherein :
a) The algebraic signs on the net cash flows change only once.
b) The interest rate you get is a simple interest rate.
c) The total of the net cash flows is equal to 0.
d) The total of the cumulative cash flows is equal to 0.
a) The algebraic signs on the net cash flows change only once.
b) The interest rate you get is a simple interest rate.
c) The total of the net cash flows is equal to 0.
d) The total of the cumulative cash flows is equal to 0.
Explanation
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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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