Chemical Engineering - Chemical Engineering Plant Economics - Discussion

Discussion Forum : Chemical Engineering Plant Economics - Section 2 (Q.No. 17)
17.
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
(1 + i)n/S
S/(1 + i)n
S/(1 + in)
S/(1 + n)i
Answer: Option
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