Engineering Economics
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.

Effective interest
Expected return
Nominal interest
Economic return

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Engineering Economics
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.

1,040 feet
1,100 feet
1,000 feet
1,120 feet

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Engineering Economics
In a cash flow series:

Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
The gradient in the cash flow may be positive or negative
Either an increase or decrease in the amount of a cash flow is called the gradient
All of these

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