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.
Use of Banking Formulae in Engineering Economics
Springer Tracts on Transportation, Traffic
Engineering Economics and Finance for Transportation Infrastructure ; Chapter : 3 ; 29-71
2013-01-01
43 pages
Article/Chapter (Book)
Electronic Resource
English
Springer Verlag | 2013
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