01 ECD W04
Quiz
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Professional Development
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Professional Development
•
Practice Problem
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Hard
Lim Loong Wong
Used 2+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Engineering Economic Analysis is most suitable for .....
Simple problems
Intermediate problems
Complex problems
All types of problems
2.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
An example of an intermediate problem.
Should I marry A or B?
Should I invest in a 7 Nano chip making plant in Singapore?
Should I lease or buy a new motorbike?
Should I pay my lunch by PAYNOW or cash?
3.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
Youi are given the choice in taking a loan. Which one will you choose?
Simple interest rate of 3%
Compound interest rate of 3%
Effective interest rate of 3%
4.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
If the interest rate is 5% compounded annually, the effective interest rate will be ..... than 5%.
equal to
less than
more than
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
You need to take a loan from the bank. The bank offers 3 different options. Which one is likely to be unfavourable to you?
Simple interest, pay all at the end
Compound interest, pay all at the end
Simple interest paid annually, principal repaid at the end
6.
MULTIPLE CHOICE QUESTION
45 sec • 5 pts
The best investment plan amongst alternatives look for .....
lowest capital outlay
highest salvage value
minimal negative cash outflow
highest net present worth
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
This is the standard assumption for this module.
start-of-period cash flow
mid-of-period cash flow
end-of-period cash flow
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