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?

0.0367

0.04

0.0415

0.0425

0.0367

0.04

0.0415

0.0425

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Engineering Economics
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?

Registered bond

Preferred bond

Callable bond

Incorporators bond

Registered bond

Preferred bond

Callable bond

Incorporators bond

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Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

None of these

Definitive estimate

Conceptual estimate

Probabilistic estimate

None of these

Definitive estimate

Conceptual estimate

Probabilistic estimate

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Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

$ 5,050,000.00

$ 5,000,000.00

$ 5,025,000.00

$ 5,010,000.00

$ 5,050,000.00

$ 5,000,000.00

$ 5,025,000.00

$ 5,010,000.00

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Engineering Economics
A construction estimate is used

To produce a statement of the approximate cost

None of these

To judge tentatively or approximate value of the project

To decide an approximation of the value of the project and not the exact cost

To produce a statement of the approximate cost

None of these

To judge tentatively or approximate value of the project

To decide an approximation of the value of the project and not the exact cost

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Interest

Rate of interest

Principal

Simple interest

Interest

Rate of interest

Principal

Simple interest

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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 What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?

Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Engineering Economics A construction estimate is used

Engineering Economics What refers to the amount of money paid for the use of borrowed capital?

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
What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it?

Engineering Economics
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Engineering Economics
A construction estimate is used

Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?