Question
1. Answer True or False for the following: a. Equivalence is dependent on the interest rate. b. Auto loans and mortgage payments are examples C. A water system, road or other item that is expected to be in d. With a fixed output we want to minimize EUAC e. With a fixed input we want to maximize the present worth f. Sunk costs are considered when calculating the best g. Engineers with 5 or more years work experience consider their of uniform payment series. service indefinitely, we would call an infinite analysis period of benefits or other outputs alternative integrity to be the most important to them Fill in the Blanks for the following questions: For an infinite analysis period (n = 00 ) to solve for P, analysis is utilized.
Explanation / Answer
a) True
Changing the interest rate destros the equivalence between two series of payments.
b) True
Automobile loans, house payments, and many other loans are based on a uniform payment.
