The USCA factor is used to determine the amount S that an equal annual payment R will accumulate to inn years at i percent interest. If R (uniform annual payment) is known, and S (the future worth of these payments) is required, then Equation 9-6 is used.
Figure 9-3. Uniform series compound amount (USCA).
Figure 9-3. Uniform series compound amount (USCA).
Uniform Series Present Worth -(USPW)
The USPW factor is used to determine the present amount P that can be paid by equal payments of R (uniform annual payment) at i percent interest, for n years. If R is known, and P is required, then Equation 9-8 is used.
Capital Recovery-CR
The CR factor is used to determine an annual payment R required to pay off a present amount P at i percent interest, for n years. If the present sum of money, P, spent today is known, and the uniform payment R needed to pay back P over a stated period of time is required, then Equation 9-10 is used.
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