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?

0.0415

0.0425

0.04

0.0367

0.0415

0.0425

0.04

0.0367

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Engineering Economics
The ability to convert assets to cash quickly is known as ______.

Solvency

Leverage

Liquidity

Insolvency

Solvency

Leverage

Liquidity

Insolvency

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Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

P 2,544.45

P 2,504.57

P 2,500.57

P 2,540.56

P 2,544.45

P 2,504.57

P 2,500.57

P 2,540.56

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Engineering Economics
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

√(n + i)

(1 + i)(1/2n)

None of these

(1 + i)n

√(n + i)

(1 + i)(1/2n)

None of these

(1 + i)n

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Engineering Economics
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method

P 3,927.27

P 3,729.27

P 3,279.27

P 3,792.72

P 3,927.27

P 3,729.27

P 3,279.27

P 3,792.72

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Engineering Economics
Which one of the following questions is relevant to the construction estimates?

Did the estimators use short cut methods which may be unrealistic in their situation

All of these

Did the estimators precisely evaluate site conditions

How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost

Did the estimators use short cut methods which may be unrealistic in their situation

All of these

Did the estimators precisely evaluate site conditions

How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost

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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 ability to convert assets to cash quickly is known as ______.

Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method

Engineering Economics Which one of the following questions is relevant to the construction estimates?

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 ability to convert assets to cash quickly is known as ______.

Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

Engineering Economics
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

Engineering Economics
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method

Engineering Economics
Which one of the following questions is relevant to the construction estimates?