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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