Engineering Economics
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives?

MARR
Annual cost method
Capitalized cost method
Present worth method

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Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.
It has a perpetual life.
It will be dissolved if one of the partners ceases to be connected with the partnership.
It can be handed down from one generation of partners to another.

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

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

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