Diagnostic Examination
TOPIC XV: ENGINEERING ECONOMICS
TIME LIMIT: 45 MINUTES
1. Approximately how many years will it take to
double an investment at a 6% effective annual rate?
(A) 10 yr
(B) 12 yr
(C) 15 yr
(D) 17 yr
2. An individual contributes $200 per
Worked Problems
Problem 1.1 - Budget lines
Problem:
Suppose that Russ has budgeted $20 a month to buy candy bars, music downloads, or some combination of
both. If Russ spends all his budget on candy bars he can obtain 40 bars a month; if he buys only down
Agha Muzahir Ali
Date: Dec 21, 2015.
Wassaf Ali
Talha Rehman
To,
The Principal,
Hailey College of Banking and Finance,
University of the Punjab,
1-Crust Road, Near Jain Mandar, Lahore
Dear Sir,
SUB: Assignment on Askari Bank Limited
We confirmed that Mr.A
Chapter 1 Appendix Problems (p. 28, #1-8)
1. Graph and label as either direct or indirect the relationships you would expect to find between
(a) the number of inches of rainfall per month and the sale of umbrellas, (b) the amount of tuition
and the level