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 Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
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 Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency devaluation Currency appreciation Currency depreciation Currency float Currency devaluation Currency appreciation Currency depreciation Currency float ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction manager uses the estimate of the project To control the project during its construction To develop bids on the project To tell the owner of the project to take his/her financial decision All of these To control the project during its construction To develop bids on the project To tell the owner of the project to take his/her financial decision All of these ANSWER DOWNLOAD EXAMIANS APP
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: (1 + i)n (1 + i)(1/2n) None of these √(n + i) (1 + i)n (1 + i)(1/2n) None of these √(n + i) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? Securities Bond Bank notes T-bills Securities Bond Bank notes T-bills ANSWER DOWNLOAD EXAMIANS APP
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