CM 2113 Wang Test 1 Exam / CM 2113 Wang Test 1 Preparation/CM 2113 Wang Test 1 Practice Exam With Complete Questions And Correct Detailed Answers||Verified Exam!!! (Verified Answers) |Already Graded A+||Newest Exam!!!!

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CM 2113 Wang Test 1 Exam / CM 2113 Wang Test 1
Preparation/CM 2113 Wang Test 1 Practice Exam With
Complete Questions And Correct Detailed
Answers||Verified Exam!!! (Verified Answers) |Already
Graded A+||Newest Exam!!!!


Payments that differ in amount may be equal if made at
different points in time is known as ____________.
Select one:
a. Monetary values
b. Time value
c. Equivalence
d. Equality - Answer-c. Equivalence


The Time Value of money is based on the premise that
money can generate _______ over a period of time.
Select one:
a. Equipment
b. Interest
c. Capital
d. Budgets - Answer-b. Interest

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Comparing a future cost of one alternative with the present
worth cost of a second alternative is valid and meaningful.
Select one:
True
False - Answer-False


The reason why the value of money increases with time is
because of the interest rate.
Select one:
True
False - Answer-True


Look up the following factor value in the given reference
table.
(P/F, 5%, 6)
Select one:
a. 0.147
b. 0.746
c. 1.340
d. 0.784 - Answer-b. 0.746

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Look up the following factor value in the given reference
table.
(P/A, 10%, 15)
Select one:
a. 0.031
b. 4.177
c. 7.606
d. 0.131 - Answer-c. 7.606


Look up the following factor value in the given reference
table.
(A/F, 2%, 8)


Select one:
a. 0.117
b. 0.137
c. 0.853
d. 1.172 - Answer-a. 0.117


Look up the following factor value in the given reference
table.