Chemical Engineering Plant Economics (MCQs)

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

  • A. (1 + i)n/S
  • B. S/(1 + i)n
  • C. S/(1 + in)
  • D. S/(1 + n)
Answer: Option B.
Explanation: 
No answer description available for this question

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button