Engineering Economics
The alternatives which are standalone solutions for given situations in engineering involve:

The anticipated life of the assets
A purchase cost (first cost)
The anticipated resalable value (salvage value) and the interest return (rate of return)
All of these

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Which is NOT an essential element of an ordinary annuity?

Compound interest is paid on all amounts in the annuity.
The first payment is made at the beginning of the first period.
The payments are made at equal interval of time.
The amounts of all payments are equal.

ANSWER DOWNLOAD EXAMIANS APP