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Engineering Economics

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

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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 ______.

Nominal interest
Economic return
Expected return
Effective interest

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

Liquid assets
Ccash
Fixed assets
Non-liquid assets

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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

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Engineering Economics
What is used to record historical financial transactions?

Ledger system
General journal system
Balance check
Bookkeeping system

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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

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