Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n (1 + i/n)m (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n (1 + i/n)m ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Monetary unit Currency Foreign exchange Cash or check Monetary unit Currency Foreign exchange Cash or check ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Operating cost Capitalized cost Increment cost Annual cost Operating cost Capitalized cost Increment cost Annual cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Supply Demand Product Good Supply Demand Product Good ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results? Physical depreciation Demand depreciation Design depreciation Functional depreciation Physical depreciation Demand depreciation Design depreciation Functional depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An unrecovered balance A past expenditure All of these An invested capital that cannot be retrieved An unrecovered balance A past expenditure All of these An invested capital that cannot be retrieved ANSWER DOWNLOAD EXAMIANS APP