There are NO advantages to the annual flooding of the Nile in India. This is because the Nile is not in India, it is a river in Egypt.
You get money and you have a job.
To calculate the equivalent annual cost of a project or investment, you need to consider the initial cost, annual expenses, and the project's lifespan. Use formulas like the annuity formula or the present value formula to determine the equivalent annual cost. This helps in comparing different projects or investments on an annual basis.
There are NO advantages to the annual flooding of the Nile in India. This is because the Nile is not in India, it is a river in Egypt.
Capital budgeting is determined by EAC, the Equivalent Annual Cost. The EAC is the annual cost of owning an asset for as long as it is usable.
To calculate the equivalent annual cost for a project or investment, you need to consider the initial cost, annual operating expenses, salvage value, and the project's lifespan. The formula for equivalent annual cost is the sum of annual operating expenses, depreciation, and the opportunity cost of capital. This calculation helps to determine the annual cost of the project or investment over its lifespan, making it easier to compare different options.
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To convert an annual rate to a monthly rate, divide the annual rate by 12. This will give you the equivalent monthly rate.
AER stands for annual equivalent rate
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Equivalent RatesThe Equivalent Rates calculation is used to find the nominal annual interest rate compounded n times a year equivalent to a given nominal rate compounded m times per year.Two nominal rates with different compounding frequencies are equivalent if they yield the same amount of interest per year (and hence, at the end of any period of time).Input• nominal annual rate for the given rate• compounding frequency for the given rate• compounding frequency for the equivalent rateResults• equivalent nominal annual rate• equivalent periodic rateExample•A bank offers 14.75 % compounded annually.What would be the equivalent rate compounded monthly?InputGiven nominal annual rate:14.75 %Compounding frequency for given rate:annuallyCompounding frequency for equivalent rate:monthlyResultEquivalent nominal annual rate:13.8377 %Answer: 13.8377%.
AER stands for annual equivalent rate