Engineering Economics
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?

Time value of money
Interest rate
Yield
Present worth factor

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
A construction estimate is used

To decide an approximation of the value of the project and not the exact cost
To produce a statement of the approximate cost
To judge tentatively or approximate value of the project
None of these

ANSWER DOWNLOAD EXAMIANS APP