Pick up the correct statement from the following:
A. The change in the amount of money over a given time period is called 'time value' of money, a most important concept in engineering economy
B. The manifestation of the time value of money is termed as interest
C. Interest on borrowing = present amount owed - original loan
D. All of these
Answer: Option D
This Question Belongs to Civil Engineering >> Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A. 8% is the rate of interest per year
B. Money is borrowed for n = 7 years
C. Both (A) and (B)
D. Neither (A) nor (B)
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation
A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
D. P 43,763.20
A. Architect/engineer
B. Construction manager
C. Owner himself/herself
D. Construction manager
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