Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: None of these (1 + i)n (1 + i)(1/2n) √(n + i) None of these (1 + i)n (1 + i)(1/2n) √(n + i) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 7 eyars 10 years 8 years 9 years 7 eyars 10 years 8 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators use short cut methods which may be unrealistic in their situation All of these Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation All of these Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Double percentage method Constant percentage method Modified SYD method Modified sinking fund method Double percentage method Constant percentage method Modified SYD method Modified sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Demand Supply Product Good Demand Supply Product Good ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? All of these Perfect information and absence of all economic friction Homogeneous product Free market entry and exit All of these Perfect information and absence of all economic friction Homogeneous product Free market entry and exit ANSWER DOWNLOAD EXAMIANS APP
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