Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of the probable future net earnings? Total market value Going concern value Earning value Total fair value Total market value Going concern value Earning value Total fair value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Inflation Deflation Depreciation Depletion Inflation Deflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What market situation exists where there are few sellers and few buyers? Bilateral oligopoly Oligopoly Bilateral Oligopsony Oligopsony Bilateral oligopoly Oligopoly Bilateral Oligopsony Oligopsony ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Ordinary annuity Annuity certain Perpetuity Annuity due Ordinary annuity Annuity certain Perpetuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Present Worth Annuity Sinking fund annuity Capital recovery annuity Compound annuity Present Worth Annuity Sinking fund annuity Capital recovery annuity Compound annuity ANSWER DOWNLOAD EXAMIANS APP
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