Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (ni - 1) ni None of these (1 + ni) (ni - 1) ni None of these (1 + ni) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment? Rate of return Return of investment Economic return Yield Rate of return Return of investment Economic return Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest Ordinary simple interest Exact simple interest None of these Interest Ordinary simple interest Exact simple interest None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Buyer or consumer Seller Producer Manufacturer Buyer or consumer Seller Producer Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where 8% is the rate of interest per year Money is borrowed for n = 7 years Neither (A) nor (B) Both (A) and (B) 8% is the rate of interest per year Money is borrowed for n = 7 years Neither (A) nor (B) Both (A) and (B) ANSWER DOWNLOAD EXAMIANS APP