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Engineering Economics

Engineering Economics
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

Rs. 5638
None of these
Rs. 7738
Rs. 6638

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Engineering Economics
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Straight line method
Sum-of-year digit method
Sinking fund method
Declining balance method

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Engineering Economics
Lands, buildings, plants and machineries are example of what type of asset?

Fixed asset
Intangible asset
Trade investment asset
Current asset

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Engineering Economics
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?

Compound interest
Effective rate of interest
Simple interest
Nominal rate of interest

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Engineering Economics
One banker’s year is equivalent to ______ days.

300
360
365
366

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Engineering Economics
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Deferred annuity
Perpetuity
Ordinary annuity
Annuity due

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