Engineering Economics Which is NOT an essential element of an ordinary annuity? The payments are made at equal interval of time. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The payments are made at equal interval of time. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost equal to subsequent construction budget None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Factor method Initial cost method Percentage method Sinking fund method Factor method Initial cost method Percentage method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: Time 0 is considered to be the present Time 1 is considered to be the end of time period 1 A vertical arrow pointing up indicates a positive cash flow All of these Time 0 is considered to be the present Time 1 is considered to be the end of time period 1 A vertical arrow pointing up indicates a positive cash flow All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the term for an annuity with a fixed time span? Annuity due Ordinary annuity Perpetuity Annuity certain Annuity due Ordinary annuity Perpetuity Annuity certain ANSWER DOWNLOAD EXAMIANS APP
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