Engineering Economics
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______.

Capital recovery
Amortization
Annuity
Annuity factor

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Engineering Economics
In a cash flow series:

The gradient in the cash flow may be positive or negative
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
Either an increase or decrease in the amount of a cash flow is called the gradient
All of these

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