Question: From the interest tables in Appendix B, determine the value of the following factors by interpolation, and compare the results with those obtained from evaluating
From the interest tables in Appendix B, determine the value of the following factors by interpolation, and compare the results with those obtained from evaluating the A/P and P/A interest formulas:
(a) The capital‐recovery factor for 36 periods at 6.25% compound interest.
(b) The equal‐payment‐series present‐worth factor for 125 periods at 9.25% compound interest.
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