Civil Engineering - Engineering Economy - Discussion

Discussion :: Engineering Economy - Section 1 (Q.No.6)


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' 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]. The original investment (or loan) is referred to as principal.
[E]. All of these.

Answer: Option E


No answer description available for this question.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.