ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.19 : In the purchase of a unit of engineering office, a loan has been made to a bank with the following details : Term N = 30 years; interest rate R = 8.07 % / year; security : primary residence; present value pv = $450000; salary = $75000 / year or $56000 / year after tax. (a) Let the discounted present value PV = [ 1 - 1 / (1 + r) ^ n ] / r for arrears, where r = interest rate of discount, n = number of payment, ^ = symbol for power. If the loan repayment was made monthly : (i) calculate the value of r where r = R / k and R is in decimal value; (ii) find the value of n where n = kN; (iii) estimate the value of k where k = number of repayment per year; (iv) calculate the value of PV based on the formula of discounted present value. (b) Calculate the monthly repayment of the loan, MR based on the following formula : pv = PV x MR. (c) Find the percentage of salary remains after paying the loan every month.
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.19 : Value of k has to be found first : 12 months / year, then k = 12. (a) (i) r = R / k = 0.0807 / 12 = 0.006725. (ii) n = kN = 12 x 30 = 360. (iii) k = 12. (iv) PV = [ 1 - 1 / (1 + r) ^ n ] / r = [ 1 - 1 / (1 + 0.006725) ^ 360 ] / 0.006725 = 135.382. (b) MR = pv / PV = $450000 / 135.382 = $3323.928. (c) Annual repayment = MR x k = $3323.928 x 12 = $39887.136. Percentage of salary remains after paying loan = 100 [ 1 - (annual repayment) / (annual salary after tax) ] = 100 (1 - 39887.136 / 56000) = 28.773 %. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
| Is This Answer Correct ? | 0 Yes | 0 No |
POLYMER ENGINEERING - QUESTION 24.3 : The molecular weights M in kg / mol of 3 different monomers a, b and c in a polymer are Ma = 14, Mb = 16 and Mc = 18, with their respective quantities in N units having the ratio of Na : Nb : Nc = 2 : 3 : 5. (a) Find the numerical average molecular weight of the polymer by using the formula (Ma Na + Mb Nb + Mc Nc) / (Na + Nb + Nc). (b) Find the weighted average molecular weight of the polymer by using the formula (Ma Na Ma + Mb Nb Mb + Mc Nc Mc) / (Ma Na + Mb Nb + Mc Nc). (c) Calculate the polydispersity Q by using the answer in (b) divided by answer in (a). (d) Find the volumetric average molecular weight of the polymer by using the formula (Ma Na Ma Ma + Mb Nb Mb Mb + Mc Nc Mc Mc) / (Ma Na Ma + Mb Nb Mb + Mc Nc Mc). (e) Estimate the polydispersity Q by using the answer in (d) divided by answer in (b).
what is the difference between PFR ,MFR and batch rector
what is fund flow definition
In a furnace, 2 chemical reactions are happening – 1 mole of solid carbon reacts with 1 mole of oxygen gas to generate 1 mole of carbon dioxide gas; 1 mole of solid carbon reacts with 0.5 mole of oxygen gas to generate 1 mole of carbon monoxide gas. In a given process, 100 kmol of carbon is burned in a furnace. (a) Calculate the theoretical oxygen gas needed by assuming that all the carbon is burned completely to carbon dioxide gas. (b) Calculate the theoretical air needed by assuming that all the carbon is burned completely to carbon dioxide gas and there is only 21 % of oxygen gas. (c) Determine the amount of air required (in kmol) if 50 % excess oxygen gas must be satisfied for (a) and (b). (d) It has latter been found that 20 % of the carbon undergoes incomplete combustion resulting to carbon monoxide gas production. The rest of the carbon undergoes complete combustion. Calculate the total oxygen gas required stoichiometrically based on the actual process.
What are the criteria’s involved in choosing mass balances for components?
BIOCHEMICAL ENGINEERING INSTRUMENTATION - EXAMPLE 29.6 : In infrared spectrum, one of the factors affecting peak location is the mass of the atoms. The stretching frequency of a bond connected to a lighter atom will be greater than the same bond connected to a heavier atom. (a) For halogens like florine (F), chlorine (Cl), bromine (Br), iodine (I) and astatine (At), what is their IUPAC group number? Hint : The proton numbers for F, Cl, Br, I and At are 9, 17, 35, 53 and 85 respectively. (b) For the compounds of H-F, H-Cl, H-Br, H-I and H-At, which one has the lowest stretching frequency and which one has the highest stretching frequency? State the reasons.
can any one tell me that how shoul i prepere for entrance exams of psu i mean from which book i have to gone through?
3 Answers BPCL Bharat Petroleum, GACL, GATE, IOCL,
hello sir..iam keen to sit for iocl interview..please forward sample iocl questions to my id: kunal_kv06@yahoo.co.in
Why is respiration considered as an exothermic reaction? Explain?
PROCESS CONTROL - EXAMPLE 6.2 : A stream with volumetric flow rate Q enters a cylindrical tank and a stream with volumetric flow rate q exits the tank. The fluid has a constant heat capacity and density. There is no temperature change or chemical reaction occurring in the tank. Develop a model for determining the height of the tank, h. Let V is the volume, A is the cross sectional area, r is the density, m is the mass, where V and A are for the tank, r and m are for the fluid. The rate of mass of fluid accumulation, dm / dt = (Q - q) r. Prove the model to be dh / dt = (Q - q) / A.
MY generator water cooler inlet line height - 11 mtr inlet water line height - 7 mtr water come into the line from overhead tank, O/H tank height - 20 mtr the first tapping in the inlet line is 2" line which down to 4 mtr level plateform., second tapping in inlet water line goes to a pump 6" line installed at 4 mtr level plateform, pump capacity 200m3/hr, head- 30 mtr, hp-40. the outlet of pump of 6" water line connected to a header of 6 mtr long of 6" line, on this header the six tapping are connected, 4 nos. 3" line goes to 11 mtr height water cooler the pressure of the line is 0.15 to 0.25 kg/cm2, 2" and 4" pipe line connected to a cooler at 4 mtrlevel plateform. my question is, at 11 mtr height level the quantity of water and flow is not sufficient for my cooler, the temp. of cooler is rises much more. you are requested to suggest the modification of pipe line/ pump for take more water flow and pressure (desired pressure is 1 kg/cm2)
Why should chemical equation be balanced?
Civil Engineering (5086)
Mechanical Engineering (4456)
Electrical Engineering (16639)
Electronics Communications (3918)
Chemical Engineering (1095)
Aeronautical Engineering (239)
Bio Engineering (96)
Metallurgy (361)
Industrial Engineering (259)
Instrumentation (3014)
Automobile Engineering (332)
Mechatronics Engineering (97)
Marine Engineering (124)
Power Plant Engineering (172)
Textile Engineering (575)
Production Engineering (25)
Satellite Systems Engineering (106)
Engineering AllOther (1379)