The primary types of banking transactions discussed in Chapter 2 form the basis for most engineering economic analyses. These principles are generally applied in two ways:

    To analyze specific plans for financing transportation improvements; or

    To reduce all cost elements in an analysis to a common base.

    In the first case, real money transactions are involved. In the second case, the equations are treated as mathematical and philosophical equalities, although no real money transactions are involved.


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    Title :

    Use of Banking Formulae in Engineering Economics


    Additional title:

    Springer Tracts on Transportation, Traffic


    Contributors:


    Publication date :

    2013-01-01


    Size :

    43 pages





    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




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