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Engineering Economics

Engineering Economics
How long will it take money to double itself if invested at 5% compounded annually?

14.7 years
14.2 years
15.3 years
13.7 years

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Engineering Economics
What refers to a document that shows proof of legal ownership of a financial security?

Bank note
Bond
Check
Coupon

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Engineering Economics
What is the feature of some bonds whereby the issuer can redeem it before it matures?

Callability
Recall clause
Call class
Return clause

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Engineering Economics
What is the factor name of the formula (1+i)^-n?

Single payment present worth
Capital recovery
Uniform gradient future worth
Single payment compound amount

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Engineering Economics
Pick up the element of the cost from the following:

Direct material
Over head
All of these
Direct labour

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Engineering Economics
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?

Nominal rate of interest
Compound interest
Simple interest
Effective rate of interest

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