ABSTRACT
C Compound interest factor (1 + it Cv Original value of equipment ($), also denoted as (Vo) CR Cost of replacement of equipment after "n" years of operation ($) D Discount factor (1 + i)-n F Future value of capital ($)
Interest rate (%) per time period ie Effective interest rate i Nominal interest rate for m periods
K Total capitalized cost ($) n Number of years
m Compounding time periods per year P Present value of capital ($)
Vs Salvage value of equipment ($)
