Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 13.7 years 14.7 years 15.3 years 14.2 years 13.7 years 14.7 years 15.3 years 14.2 years 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 ______. Nominal interest Economic return Expected return Effective interest Nominal interest Economic return Expected return Effective interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Liquid assets Ccash Fixed assets Non-liquid assets Liquid assets Ccash Fixed assets Non-liquid assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______. Sunk cost Economic life Annuity In-place value Sunk cost Economic life Annuity In-place value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Ledger system General journal system Balance check Bookkeeping system Ledger system General journal system Balance check Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it? Registered bond Preferred bond Incorporators bond Callable bond Registered bond Preferred bond Incorporators bond Callable bond ANSWER DOWNLOAD EXAMIANS APP