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?

0.0425

0.04

0.0367

0.0415

0.0425

0.04

0.0367

0.0415

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Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Money is borrowed for n = 7 years

Neither (A) nor (B)

8% is the rate of interest per year

Both (A) and (B)

Money is borrowed for n = 7 years

Neither (A) nor (B)

8% is the rate of interest per year

Both (A) and (B)

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Engineering Economics
Which is true about corporation?

The minimum number of incorporators to start a corporation is three.

It is worse type of business organization.

The stock holders of the corporation are only liable to the extent of their investments.

Its life is dependent on the lives of the incorporators.

The minimum number of incorporators to start a corporation is three.

It is worse type of business organization.

The stock holders of the corporation are only liable to the extent of their investments.

Its life is dependent on the lives of the incorporators.

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Engineering Economics
A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______.

Coupon bond

Registered bond

Mortgage bond

Collateral trust bond

Coupon bond

Registered bond

Mortgage bond

Collateral trust bond

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Engineering Economics
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Stock pile

Buffer stock

Withheld stock

Hoard stock

Stock pile

Buffer stock

Withheld stock

Hoard stock

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Engineering Economics
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

In-place value

First cost

Fixed cost

Material cost

In-place value

First cost

Fixed cost

Material 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 CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Engineering Economics Which is true about corporation?

Engineering Economics A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______.

Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

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 CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Engineering Economics
Which is true about corporation?

Engineering Economics
A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______.

Engineering Economics
What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product?

Engineering Economics
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.