Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a + (n + 1) b a + (n - 1) b a × (n - 1) b a - (n - 1) b a + (n + 1) b a + (n - 1) b a × (n - 1) b a - (n - 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time: Sinking Fund Annuity is availed Sinking Fund Annuity is availed Present work Annuity is availed Capital Recovery Annuity fs availed Sinking Fund Annuity is availed Sinking Fund Annuity is availed Present work Annuity is availed Capital Recovery Annuity fs availed ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A mathematical expression also known as the present value of annuity of one is called ______. Present worth factor Demand factor Sinking fund factor Load factor Present worth factor Demand factor Sinking fund factor Load factor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Depreciation Deflation Inflation Depletion Depreciation Deflation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project To produce a statement of the approximate cost None of these To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project To produce a statement of the approximate cost None of these ANSWER DOWNLOAD EXAMIANS APP