Principles of Engineering Economy Quiz 1

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Last updated 9:54 PM on 9/1/26
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9 Terms

1
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Capital Recovery Relation

(What context is it utilized in)

A uniform annual amount that recovers an inital investment

<p>A uniform annual amount that recovers an inital investment </p>
2
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Future Value of a Uniform Series


(What context is it utilized in)

Multiple expenses forming a uniform annual series in order to discover a final amount

<p>Multiple expenses forming a uniform annual series in order to discover a final amount</p>
3
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Future Value of Inital Inflow

(What context is it utilized in)

The total value of a series of cash inflows at a specified time in the future, accounting for a specific interest rate over time.

<p>The total value of a series of cash inflows at a specified time in the future, accounting for a specific interest rate over time. </p>
4
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List all Engineering Economy Symbols & Values

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5
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<p>Question 1</p>

Question 1

Summary:

  • i = 15%/ year

  • A = $225,000

  • n = 3 years

  • F = Unknown to be solved = $781,313


<p>Summary:</p><ul><li><p>i = 15%/ year</p></li><li><p>A = $225,000</p></li><li><p>n = 3 years</p></li><li><p>F = Unknown to be solved = $781,313</p></li></ul><p></p>
6
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<p>Question 2</p>

Question 2

Summary:

  • i = 15%/ year

  • P = $225,000

  • n = 4 years

  • A = Unknown to be solved = $78,811/year


<p>Summary:</p><ul><li><p>i = 15%/ year</p></li><li><p>P = $225,000</p></li><li><p>n = 4 years</p></li><li><p>A = Unknown to be solved = $78,811/year</p></li></ul><p></p>
7
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<p>Question 3</p>

Question 3

Summary:

  • i = 10%/ year

  • A = $3,000/year (1-3)

  • n = 3 years

  • P = $10,000

  • F = Unknown to be solved = $3,380


<p>Summary:</p><ul><li><p>i = 10%/ year</p></li><li><p>A = $3,000/year (1-3)</p></li><li><p>n = 3 years</p></li><li><p>P = $10,000</p></li><li><p>F = Unknown to be solved = $3,380</p></li></ul><p></p>
8
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<p>Question 4</p>

Question 4

Summary:

  • i = 18%/ year

  • P = Unknown to be soved = $37,152

  • n = 5 years

  • F = $85,000


<p>Summary:</p><ul><li><p>i = 18%/ year</p></li><li><p>P = Unknown to be soved = $37,152</p></li><li><p>n = 5 years</p></li><li><p>F = $85,000</p></li></ul><p></p>
9
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<p>Question 5</p>

Question 5

Summary:

  • i = 8%/ year

  • P = $150,000

  • n = 8 years

  • F = Unknown to be solved = $277,640


<p>Summary:</p><ul><li><p>i = 8%/ year</p></li><li><p>P = $150,000</p></li><li><p>n = 8 years</p></li><li><p>F = Unknown to be solved = $277,640</p></li></ul><p></p>