Engineering Economy

5. Different interest rates that produce the same future value.
6. The original amount of money invested or borrowed before interest.
8. The actual annual rate earned or paid taking compounding into account.
11. The rate at which the general level of prices for goods and services is rising.
13. Interest calculated only on the original principal.
14. The decrease in value of an asset over time due to wear and tear.
15. The estimated resale value of an asset at the end of its useful life.
16. The time required to recover the cost of an investment.
17. Money that has already been spent and cannot be recovered.
18. The worth of money at a specified date in the future.
19. The rate used to find present value from a future value.

1. The price paid for the use of money expressed as a percentage.
2. The process of earning interest on both principal and accumulated interest.
3. The total amount of money being transferred into and out of a business or project.
4. Minimum Attractive Rate of Return required by a decision maker.
7. A series of equal payments made at equal time intervals.
9. The financial assets or resources available for investment.
10. The process of paying off a debt over time through regular payments.
12. The stated annual interest rate without compounding adjustments.
16. The current worth of a future amount of money.