Discussion :: Engineering Economy
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Pick up the correct statement from the following:
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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.
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B.
The manifestation of the time value of money is termed as interest.
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C.
Interest on borrowing = present amount owed - original loan
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D.
The original investment (or loan) is referred to as principal.
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E.
All of these.
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Answer : Option E
Explanation :
No answer description available for this question.
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