An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the__________________?

Related Mcqs:

Relative cost of chemical process plants in India is about ______________ percent more than the similar plants in U.S.A ?

A. 15 B. 35 C. 55 D. 75...

The ______________ of a chemical company can be obtained directly from the balance sheet as the difference between current assets and current liabilities ?

A. Cash ratio B. Net working capital C. Current ratio D. Liquids assets...

Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is____________________?

A. Fabricated equipment and machinery B. Process instruments and control C. Pumps and compressor D. Electrical equipments and material...

_____________ method for profitability evaluation of a project does not account for investment cost due to land ?

A. Net present worth B. Pay out period C. Discounted cash flow D. Rate of return on investment...

Out of the following, the depreciation calculated by the _____________ method is the maximum?

A. Diminishing balance B. Straight line C. Sum of the years digit D. Sinking fund...