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1.47 The concept that different sums of money at ~Both are nearest to 17%. (C)
different
points in time can be said to be equal to each
other is known as: 1.52 At an interest rate of 10% per year, the equivalent
(a) Evaluation criterion amount of $10,000 one year ago is closest to:
(b) Equivalence ( a ) $8264 ( b ) $9091 ( c ) $11,000 ( d ) $12,000
(c) Cash fl ow
(d ) Intangible factors Ans:
Ans: B 1
= (10,000) (1+0.1)1 = 9090.91 9091 (B)
Ans:
1.50 In most engineering economy studies, the best
alternative is the one that: 2 = + (0.04)
(a) Will last the longest time 2 = (1 + 0.04)
(b) Is most politically correct = 25 (B)
(c) Is easiest to implement
(d ) Has the lowest cost
Ans:
Ans: