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What is Engineering Economy: Project Comparison Methods about?

This document presents methods for evaluating and comparing projects. It discusses minimum acceptable rate of return, present worth, and annual worth comparisons for independent and mutually exclusive projects. It also covers comparing alternatives with unequal lives using repeated lives or study period assumptions. The document defines payback period as a preliminary filter and provides examples of calculating standard and discounted payback periods. Recommended practice problems are listed at the end.

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EN