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Discussion :: Engineering Economics

  1. Pick up the correct statement from the following:

  2. 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

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    Answer : Option D

    Explanation :

    Explanation Not Provided


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