Can anyone please help. I am preparing for PE.
FE REVIEW MANUAL LINDBERG PAGE 52-5 QUESTION 3 AND 7:
QUESTION 3 asked for the present worth of all expenditures: In solution they used capitalized cost equation
and QUESTION 7 asked for present worth of all costs: In solution they calculated present cost P.
WHY DO THEY HAVE DIFF. APPROACH FOR THE SAME ITEM CALCULATION.
OR BOTH OF THESE TERMS MEANS DIFF THINGS?
FE REVIEW MANUAL LINDBERG PAGE 52-5 QUESTION 3 AND 7:
QUESTION 3 asked for the present worth of all expenditures: In solution they used capitalized cost equation
and QUESTION 7 asked for present worth of all costs: In solution they calculated present cost P.
WHY DO THEY HAVE DIFF. APPROACH FOR THE SAME ITEM CALCULATION.
OR BOTH OF THESE TERMS MEANS DIFF THINGS?
