Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Perpetuity Deferred annuity Annuity due Ordinary annuity Perpetuity Deferred annuity Annuity due Ordinary annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics One banker’s year is equivalent to ______ days. 360 366 300 365 360 366 300 365 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Deduction Depletion Discount Inflation Deduction Depletion Discount Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic activity that contributes directly or indirectly to the satisfaction of human want? Goods Goods or commodities Commodities Services Goods Goods or commodities Commodities Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Expected return Nominal interest Economic return Effective interest Expected return Nominal interest Economic return Effective interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Intangible asset Current asset Fixed asset Trade investment asset Intangible asset Current asset Fixed asset Trade investment asset ANSWER DOWNLOAD EXAMIANS APP