Chemical Engineering Plant Economics
An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be

1000 (1 + 0.1/2)5
1000 (1 + 0.1/4)20
1000 (1 + 0.1/4)5
1000 (1 + 0.1)20

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Chemical Engineering Plant Economics
Payback period

And economic life of a project are the same
All of these
Is affected by the variation in earnings after the recovery of the investment
Is the length of time over which the earnings on a project equals the investment

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