Economics

Nickzom as always has a new package for you everyday. Well, Today Nickzom has made it possible for you to calculate economics problems such as depreciation and economic equivalence.
In depreciation, one can the book value and depreciation value of a straight line and declining balance method solved with the workings accurately shown.

As for economic equivalence, you can be able to get the present and future worth or amount of a single payment, present, future, sinking fund and capital recovery of an equal payment series, present and annual worth or amount of a geometric series with a linear gradient and finally the present worth of a geometric series with a geometric gradient when both the interest rate is equal to the percentage change in amount and not equal to the percentage change in amount solved effectively with the workings shown appropriately.

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