4

The do-nothing alternative refers to a situation when all of the alternatives being considered is selected, as they are an economically viable.

Select one:

True

False

5-

The time it would take for money to triple at a simple interest rate of 5% per year is closest to 16 years.

Select one:

True

False

6-

The interest rate at which the MARR is established depends principally upon the cost of capital and the mix between debt and equity nancing

Select one:

True

False

35-

If you borrowed $12,000 payable in 6 equal annual installments, what would be the principal payment due at the end of year 1. Use i = 13% compounded annually

Select one:

a. $1,560

b. $2,000

c. $1,370

d. $1,440