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/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 (1 + i/n)1/m (1 + i/m)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Stock pile Buffer stock Hoard stock Withheld stock Stock pile Buffer stock Hoard stock Withheld stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depletion Inflation Depreciation Deflation Depletion Inflation Depreciation Deflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a measure of the average speed with which accounts receivable are collected? Receivable turnover Acid test ratio Quick ratio Current ratio Receivable turnover Acid test ratio Quick ratio Current ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 13.7 years 15.3 years 14.7 years 14.2 years 13.7 years 15.3 years 14.7 years 14.2 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Physical depreciation Design depreciation Functional depreciation Demand depreciation Physical depreciation Design depreciation Functional depreciation Demand depreciation ANSWER DOWNLOAD EXAMIANS APP