Engineering Economics Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is Rs. 4225 Rs. 3415 Rs. 4413 Rs. 4826 Rs. 4225 Rs. 3415 Rs. 4413 Rs. 4826 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Producer products Consumer products Luxury Necessity Producer products Consumer products Luxury Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? The initial depreciation is low The initial deprecation is high Rate of interest cannot be exactly determined Unstable economy The initial depreciation is low The initial deprecation is high Rate of interest cannot be exactly determined Unstable economy ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/n)m (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n (1 + i/n)m (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Deflation Inflation Depreciation Depletion Deflation Inflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is true about partnership? It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. It will be dissolved if one of the partners ceases to be connected with the partnership. It has a perpetual life. Its capitalization must be equal for each partner. It can be handed down from one generation of partners to another. ANSWER DOWNLOAD EXAMIANS APP
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