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? Effective rate of interest Simple interest Compound interest Nominal rate of interest Effective rate of interest Simple interest Compound interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded. Bimonthly Quarterly Annually Monthly Bimonthly Quarterly Annually Monthly ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow Time 1 is considered to be the end of time period 1 All of these Time 0 is considered to be the present A vertical arrow pointing up indicates a positive cash flow Time 1 is considered to be the end of time period 1 All of these ANSWER DOWNLOAD EXAMIANS APP
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. 1,100 feet 1,120 feet 1,000 feet 1,040 feet 1,100 feet 1,120 feet 1,000 feet 1,040 feet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Insolvency Liquidity Solvency Leverage Insolvency Liquidity Solvency Leverage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Trust bond Debenture bond Joint bond Common bond Trust bond Debenture bond Joint bond Common bond ANSWER DOWNLOAD EXAMIANS APP