1. What present sum in equivalent to a series of floes annual end-of-year payments, if a total...
Question:
1. What present sum in equivalent to a series of floes annual end-of-year payments, if a total of to payments are made and interest is 6%.
The present sum is closest to
(a) $5,250
(b) 7,350
(c) 9,400
(d) 10,000
(e) 10,600
2. A woman made ten annual end-of-year purchases of $1000 of common stock. At the end of the tenth year, she sold all the stock for $12,000. What interest rate did she obtain on her investment?
Interest is close to:
(a) 2%
(b) 4%
(c) 8%
(d) 14%
(e) 20%
3. High discount rates will promote project designs
(a) Having high annual cost over construction cost ratios for a given output level.
(b) Having low annual cost over construction cost ratios for a given output level.
(c) That are long-lived.
(d) That are capital intensive.
(e) That have none of the above.
4. In engineering economy optimization calculations
(a) Use a single measure of systems effectiveness.
(b) One uses a production function that is linear.
(c) One accounts for intangible.
(d) Commensuration in kind depends on adopting a discount rate.
(e) Cannot be defined by any of the above four completion statements.
Fundamentals of Physics
ISBN: 978-0471758013
8th Extended edition
Authors: Jearl Walker, Halliday Resnick