Engineering Economy - Engineering Economy
Engineering Economy (64) Add new question
Question
Q: Pick up the correct statement from the following:
Option | Answer | Is Correct |
---|---|---|
1 | 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. | |
2 | The manifestation of the time value of money is termed as interest. | |
3 | The original investment (or loan) is referred to as principal. | |
4 | All of these. |
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