Glossary of Terms Quiz

What is an annuity?

• A payment that increases each period

• A one-time payment

• A variable payment made over time

• An equal payment made every period

What does the discount rate account for?

• The inflation rate

• The time value of money

• The nominal value of cash flows

• The total cash inflow

What is the future value (F)?

• The value of cash flows adjusted for inflation

• The total cash flow received

• The nominal value of a cash flow at some future date

• The present value of a cash flow

What is a geometric gradient?

• A method for calculating present value

• A percentage amount by which each cash flow increases

• A series of cash flows that are equal

• A constant amount by which cash flows increase

What is the definition of stress in engineering mechanics?

• The force applied to a material

• The change in shape of a material

• The total weight of an object

• The internal resistance of a material to deformation

What does Young's Modulus measure?

• The deformation of a material

• The total stress in a material

• The stiffness of a material

• The weight of a material

What is the purpose of the Fundamental Theorem of Calculus?

• To define the derivative of a function

• To link differentiation and integration

• To calculate the area under a curve

• To find the roots of a polynomial

What is a critical point in calculus?

• A point where the derivative is zero or undefined

• A point where the function is increasing

• A point where the function is continuous

• A point where the function has a maximum value

What does the term 'moment of inertia' refer to?

• The measure of an object's resistance to bending

• The resistance to bending of a beam

• The total force acting on an object

• The weight of an object in motion

What is the definition of a derivative?

• The area under a curve

• The slope of a line

• The measure of how a function changes as its input changes

• The total accumulated value of a function