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Engineering Economy, 5/e
Leland Blank, Texas A&M University
Anthony Tarquin, University of Texas - El Paso

Foundations of Engineering Economy

Chapter Review: True or False Quiz

This online quiz contains 5 questions. Click on the button next to the selection that best answers the question. To review your results, click on the Submit Answers button displayed after the last question. Good luck!



1

Interest rates are always expressed as a percentage over an annual time period.
A)TRUE
B)FALSE
2

When interest is compounded annually, the amount of money accumulated in one year is the same under either a simple or compound interest scenario.
A)TRUE
B)FALSE
3

The symbol for present worth is P and it always represents a cash outflow (cost).
A)TRUE
B)FALSE
4

A company's minimum attractive rate of return is generally equal to the rate of return obtainable on a bank savings account.
A)TRUE
B)FALSE
5

Cash inflows are also known as disbursements.
A)TRUE
B)FALSE