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Engineering Economy

What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ?

What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ?

A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity

What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ? Read More »

Engineering Economy

What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?

What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?

A. T-bills
B. Securities
C. Bond
D. Bank notes

What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ? Read More »

Engineering Economy

What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

A. Bond
B. T-bills
C. Stock
D. Promissory note

What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ? Read More »

Engineering Economy