A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.04

0.0367

0.0425

0.0415

0.04

0.0367

0.0425

0.0415

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Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Economic return

Cash flow

Capital recovery

Earning value

Economic return

Cash flow

Capital recovery

Earning value

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Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Depletion

Inflation

Discount

Deduction

Depletion

Inflation

Discount

Deduction

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Engineering Economics
Which is NOT an essential element of an ordinary annuity?

The first payment is made at the beginning of the first period.

The amounts of all payments are equal.

Compound interest is paid on all amounts in the annuity.

The payments are made at equal interval of time.

The first payment is made at the beginning of the first period.

The amounts of all payments are equal.

Compound interest is paid on all amounts in the annuity.

The payments are made at equal interval of time.

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Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Oligopsony

Oligopoly

Monopoly

Perfect competition

Oligopsony

Oligopoly

Monopoly

Perfect competition

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P18,900

P19,000

P18,000

P19,100

P18,900

P19,000

P18,000

P19,100

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Engineering Economics

Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

Engineering Economics The flow back of profit plus depreciation form a given project is called ______.

Engineering Economics The difference between the present and future worth of money at some time in the future is called ______.

Engineering Economics Which is NOT an essential element of an ordinary annuity?

Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Engineering Economics
Which is NOT an essential element of an ordinary annuity?

Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?