Use of banking formulae in engineering economics

Elena S. Prassas, Roger P. Roess

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The primary types of banking transactions discussed in Chapter 2 form the basis for most engineering economic analyses. These principles are generally applied in two ways: To analyze specific plans for financing transportation improvements; orTo reduce all cost elements in an analysis to a common base. In the first case, real money transactions are involved. In the second case, the equations are treated as mathematical and philosophical equalities, although no real money transactions are involved.

Original languageEnglish (US)
Title of host publicationSpringer Tracts on Transportation and Traffic
PublisherSpringer International Publishing
Pages29-71
Number of pages43
DOIs
StatePublished - Jan 1 2013

Publication series

NameSpringer Tracts on Transportation and Traffic
Volume3
ISSN (Print)2194-8119
ISSN (Electronic)2194-8127

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ASJC Scopus subject areas

  • Transportation
  • Urban Studies
  • Strategy and Management

Cite this

Prassas, E. S., & Roess, R. P. (2013). Use of banking formulae in engineering economics. In Springer Tracts on Transportation and Traffic (pp. 29-71). (Springer Tracts on Transportation and Traffic; Vol. 3). Springer International Publishing. https://doi.org/10.1007/978-3-642-38580-3_3