# [ENGINEER 2B03] - Final Exam Guide - Ultimate 29 pages long Study Guide!

327 views29 pages
1 Dec 2016
School
Professor

McMaster
ENGINEER 2B03
FINAL EXAM
STUDY GUIDE
Unlock document

This preview shows pages 1-3 of the document.
Unlock all 29 pages and 3 million more documents.

Unlock document

This preview shows pages 1-3 of the document.
Unlock all 29 pages and 3 million more documents.

ECON 2B03 Summary
Author: Kemal Ahmed
Instructor: Dr. Cameron Churchill
Date: Winter 2014
Please join GitHub and contribute to this document. There is a guide on how to do this on my
GitHub.
Week 1 ā Sustainability .................................................................................................................. 2
Triple-Bottom Line ..................................................................................................................... 3
Seven Revolutions ...................................................................................................................... 3
Week 2 ............................................................................................................................................ 3
Methods of Interest Calculation .................................................................................................. 4
Lump Sum ............................................................................................................................... 4
Simple Interest ........................................................................................................................ 4
Compound Interest .................................................................................................................. 5
Continuous Compound ........................................................................................................... 5
Cash Flow Diagrams ................................................................................................................... 5
Week 3 ............................................................................................................................................ 6
Equivalence ................................................................................................................................. 6
Compound Interest Factors ......................................................................................................... 7
Compound Amount Factor ..................................................................................................... 7
Present Worth Factor .............................................................................................................. 7
Sinking Fund Factor ................................................................................................................ 7
Uniform Series Factor ............................................................................................................. 7
Capital Recovery Factor ......................................................................................................... 7
Series Present Worth Factor.................................................................................................... 7
Week 4 ............................................................................................................................................ 8
Arithmetic Gradient Series Factor .......................................................................................... 8
Page 1 of 15
find more resources at oneclass.com
find more resources at oneclass.com
Unlock document

This preview shows pages 1-3 of the document.
Unlock all 29 pages and 3 million more documents.

Arithmetic Gradient Series Factor .............................................................................................. 8
Week 5 ............................................................................................................................................ 9
Bond ............................................................................................................................................ 9
Comparison Methods .................................................................................................................. 9
Characteristics of Projects......................................................................................................... 10
Independent ........................................................................................................................... 10
Mutually Exclusive ............................................................................................................... 10
Related but not mutually exclusive ....................................................................................... 10
MARR ....................................................................................................................................... 10
Unequal Lives ....................................................................................................................... 11
Week 8 ā IRR ............................................................................................................................... 11
Steps ...................................................................................................................................... 11
NPV........................................................................................................................................... 11
Steps ...................................................................................................................................... 11
Incremental Analysis ................................................................................................................ 11
ERR ........................................................................................................................................... 12
Week 9 .......................................................................................................................................... 13
Week 10 ........................................................................................................................................ 13
Straight-Line ............................................................................................................................. 13
Declining Balance ..................................................................................................................... 14
Replacement Decisions ............................................................................................................. 14
Week 11 ........................................................................................................................................ 15
Week 13 ........................................................................................................................................ 15
Week 1 ā Sustainability
model: an simplification of reality that captures information useful and appropriate for a specific
purpose
linear product lifecycle: energy in and out at every stage
Page 2 of 15
find more resources at oneclass.com
find more resources at oneclass.com
Unlock document

This preview shows pages 1-3 of the document.
Unlock all 29 pages and 3 million more documents.