Free Exam: ENG 3011 Incourse Test #2
Number of Questions in Test: 20
Number of Questions in Preview: 5
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One assumption inherent in the present worth method of analysis is that:
| Type: | Multiple choice |
| Points: | 5 |
| Randomize answers: | Yes |
Question 2
When only one alternative can be selected from two or more, the alternatives are said to be:
| Type: | Multiple choice |
| Points: | 5 |
| Randomize answers: | Yes |
Question 3
Alternative I Alternative J
Initial cost, $ -150,000 -250,000
Annual income, 20,000 40,000
$ per year
Annual expenses, -9,000 -14,000
$ per year
Salvage value, $25,000 35,000
Life, years 3 6
The interest rate is 15% per year.
In comparing alternatives I and J by the present worth method, the value of n that must be used in 11,000 (P/A , i , n ) for alternative I is:
| Type: | Multiple choice |
| Points: | 5 |
| Randomize answers: | Yes |
Question 4
Alternative I Alternative J
Initial cost, $ -150,000 -250,000
Annual income, 20,000 40,000
$ per year
Annual expenses, -9,000 -14,000
$ per year
Salvage value, $25,000 35,000
Life, years 3 6
The interest rate is 15% per year.
In comparing alternatives I and J by the present worth method, the equation that yields the present
worth of alternative J is:
| Type: | Multiple choice |
| Points: | 5 |
| Randomize answers: | Yes |
Question 5
Alternative I Alternative J
Initial cost, $ -150,000 -250,000
Annual income, 20,000 40,000
$ per year
Annual expenses, -9,000 -14,000
$ per year
Salvage value, $25,000 35,000
Life, years 3 6
The interest rate is 15% per year.
In comparing alternatives I and J by the present worth method, the equation that yields the present worth of alternative I is:
| Type: | Multiple choice |
| Points: | 5 |
| Randomize answers: | Yes |