Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Annuity due Perpetuity Ordinary annuity Deferred annuity Annuity due Perpetuity Ordinary annuity Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Yield Rate of return Interest rate Return of investment Yield Rate of return Interest rate Return of investment ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the feature of some bonds whereby the issuer can redeem it before it matures? Return clause Callability Call class Recall clause Return clause Callability Call class Recall clause ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger Balanced sheet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency devaluation Currency float Currency depreciation Currency appreciation Currency devaluation Currency float Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
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