Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Exact simple interest Ordinary simple interest Interest None of these Exact simple interest Ordinary simple interest Interest None of these 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 ______. Expected return Effective interest Nominal interest Economic return Expected return Effective interest Nominal interest Economic return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Investors Stockholders Partnership Corporation Investors Stockholders Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save? Forced saving Compulsory saving All of these Consumer saving Forced saving Compulsory saving All of these Consumer saving ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators use short cut methods which may be unrealistic in their situation How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions All of these Did the estimators use short cut methods which may be unrealistic in their situation How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators precisely evaluate site conditions All of these ANSWER DOWNLOAD EXAMIANS APP