Summary
Highlights
Introduction to Engineering Economic Factors00:00:00
Overview of Chapter 2, introducing various engineering economic factors such as single amount factors, uniform series present worth factors, capital recovery, sinking fund factors, and gradient series.
Single Amount Factors: F given P and P given F00:01:25
Explanation of single payment compound amount factors (F/P) and present worth factors (P/F). Includes formulas, cash flow diagram interpretations, and how to utilize standard interest tables.
Practical Examples of Single Amount Factors00:06:35
Worked examples demonstrating how to solve problems using factor formulas, interest tables, and spreadsheet functions for future value and present worth scenarios.
Uniform Series Present Worth and Capital Recovery00:16:02
Introduction to uniform series present worth (P/A) and capital recovery (A/P) factors, detailing their use in calculating equivalent values for a series of equal payments.
Sinking Fund and Uniform Series Compound Amount Factors00:23:08
Discussion of the sinking fund factor (A/F) and the uniform series compound amount factor (F/A), including their formulas, applications, and corresponding spreadsheet functions.
Factoring for Untabulated Interest and Periods00:28:40
Methods for finding factor values when exact interest (i) or period (n) values are not in the standard tables, comparing formulaic calculations, spreadsheet functions, and linear interpolation.