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Engineering Economics

Engineering Economics
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?

0.0807
0.0812
0.0824
0.0816

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Engineering Economics
What is another term for “current assets”?

Fixed assets
Non-liquid assets
Liquid assets
Ccash

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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
Compound interest
Nominal rate of interest
Simple interest

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Engineering Economics
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.

Investors
Corporation
Partnership
Stockholders

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Engineering Economics
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.

Effective interest
Economic return
Expected return
Nominal interest

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Monopoly
Oligopoly
Oligopsony
Duopsony

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