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Q. |
Pick up the correct statement from the following: |
A. | The change in the amount of money over a given time period is called 'time value' of money, a most important concept in engineering economy |
B. | The manifestation of the time value of money is termed as interest |
C. | Interest on borrowing = present amount owed - original loan |
D. | All of these |
Answer» D. All of these |
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