Two reactors were bought for the same service, one (A) in 2008 and the other (B) in 2013. What is the cost of a 40 m° reactor today (M&S Index = 750)? Find the nominal rate compounded semi- annually that is equivalent to a nominal rate of 12% per year compounded quarterly. What is the present value of an annuity due with quarterly payments of R500 at an interest rate of 16% per annum comp
Two reactors were bought for the same service, one (A) in 2008 and the other (B) in 2013. What is the cost of a 40 m° reactor today (M&S Index = 750)? Find the nominal rate compounded semi- annually that is equivalent to a nominal rate of 12% per year compounded quarterly. What is the present value of an annuity due with quarterly payments of R500 at an interest rate of 16% per annum comp
Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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Question
Two reactors were bought for the same service, one (A) in 2008 and the other (B) in 2013.
What is the cost of a 40 m° reactor today (M&S Index = 750)?
Find the nominal rate compounded semi- annually that is equivalent to a nominal rate of
12% per year compounded quarterly.
What is the present value of an annuity due with quarterly payments of R500 at an interest
rate of 16% per annum compounded quarterly and a term of six years?
Transcribed Image Text:Reactor
A
B
Volume (m³)
33
53
Time (year)
2008
2013
Cost (R)
68 000
120 000
Marshall and Swift Index
500
620
What is the cost of a 40 m3 reactor today (M&S Index = 750)?
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