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Engineering Economy

What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal ?

Engineering Economy /
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal ?

A. Effective rate of interest
B. Nominal rate of interest
C. Compound interest
D. Simple interest

What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal ? Read More »

Engineering Economy

What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn ?

Engineering Economy /
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn ?

A. Present worth factor
B. Interest rate
C. Time value of money
D. Yield

What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn ? Read More »

Engineering Economy

What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest ?

Engineering Economy /
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest ?

A. Effective rate of interest
B. Nominal rate of interest
C. Compound interest
D. Simple interest

What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest ? Read More »

Engineering Economy

What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ?

Engineering Economy /
What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ?

A. Return of investment
B. Interest rate
C. Yield
D. Rate of return

What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ? Read More »

Engineering Economy