Please enable JavaScript.
Coggle requires JavaScript to display documents.
Introduction to Engineering Economy - Coggle Diagram
Introduction to Engineering Economy
Engineering Economy Fundamentals
Time Value of Money (TVM)
the change in the amount of money over time
the relationship between time and money
Economic Equivalent
MARR
Spreadsheet Functions
Interest Rate and Rate of Return
Simple and Compound Interest
Interest
Interest = amount owed now - principal
Interest Rate
Interest Rate (%) = interest accrued per time unit/principal x
Interest Rate of Return
Interest Rate of Return (%) = interest accrued per time unit/original amount x 100%
Cash Flow Estimation
Cash Flow Diagram
End-of-Period Assumption
Net Cash Flow
NCF =
cash inflows cash outflows = R-D
Cash Inflows (R)
Cash Outflows (D)
Perspectives for Cash Flow Estimation
Ethics
Universal morals and personal morals
Universal morals or ethics
Personal morals or ethics
Professional or engineering ethics