CALCULATION OF THE UNIFORM CASH FLOW WHICH IS EQUIVALENT TO A CUBICALLY VARYING CASH FLOW |
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Authors: | J. F. Mahoney R. S. Leavenworth |
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Affiliation: | The University of Florida |
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Abstract: | Finding the uniform annual cash flow which is equivalent to a given irregular cash flow is an elementary but frequently arduous calculation. A closed form result is developed from which the uniform annual cash flow may be calculated provided that the actual cash flow varies with time according to a polynomial whose degree does not exceed three. An example which concerns finding the equivalent annual energy dissipation cost in electric system distribution transformers is included. |
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