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 2,500.57
P 2,540.56
P 2,504.57
P 2,544.45

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Engineering Economics
Which one of the following definitions is correct?

All of these
The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period is called interest coverage ratio
The ratio debt-to-total assets is called Debt-to-total assets ratio
The ratio of total debt to share holder's equity is called 'debt ratio'

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