Engineering Economics
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

None of these
(1 + ni)
ni
(ni - 1)

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Engineering Economics
The key to profitable operation for project cost control, is:

To keep the project cost equal to original cost estimate
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 subsequent construction budget
None of these

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Engineering Economics
In a cash flow series:

Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
All of these
The gradient in the cash flow may be positive or negative
Either an increase or decrease in the amount of a cash flow is called the gradient

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