Civil Engineering - Engineering Economy - Discussion

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

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

Explanation:

No answer description available for this question.

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