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’ 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. Pick up the correct statement from the following : A. The receipts and disbursements in a given time interval are referred to as cash flow. B. The assumptions that all cash flows occur at the end of the interest period, is known as the end of period convention. C. A cash flow diagram is a graphical representation of cash flows drawn on a time scale. D. All of these.With reference to the repayment schedule of Rs 5000 for 5 years shown in Table 1, pick up the correct statement from the following: A. No interest is recovered until fifth year B. No principal is recovered until the fifth year C. Interest accumulates each year on the total of principal and all accumulated interest. D. All of these.
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’ 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 loanD. All …