Discussion Forum : Chemical Engineering Plant Economics
Question - 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
Options:
A .  (1 + i)n/S
B .  S/(1 + i)n
C .  S/(1 + in)
D .  S/(1 + n)i
Answer: Option B
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