Chemical Engineering Plant Economics
Fixed charges for a chemical plant does not include the

Rent of land and buildings
Repair and maintenance charges
Property tax, insurance and depreciation
Interest on borrowed money

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Chemical Engineering Plant Economics
An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the

Cash ratio
Manufacturing cost
Depreciation by sinking fund method
Discrete compound interest

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