Engineering Economics Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded. Monthly Quarterly Bimonthly Annually Monthly Quarterly Bimonthly Annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? 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. The first payment is made at the beginning of the first period. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Supplemental cost Incremental cost Variable cost Fixed cost Supplemental cost Incremental cost Variable cost Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Nominal interest Effective interest Economic return Expected return Nominal interest Effective interest Economic return Expected return ANSWER DOWNLOAD EXAMIANS APP
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 What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.? Equipment bond Equipment obligation bond Equipment trust bond Railroad bond Equipment bond Equipment obligation bond Equipment trust bond Railroad bond ANSWER DOWNLOAD EXAMIANS APP
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