Engineering Economics A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0612 0.0689 0.0665 0.0658 0.0612 0.0689 0.0665 0.0658 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money? 0.0914 0.0931 0.0901 0.0941 0.0914 0.0931 0.0901 0.0941 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,549.64 P1,945.64 P1,459.64 P1,345.98 P1,549.64 P1,945.64 P1,459.64 P1,345.98 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of all the amount the bondholder will receive through his possession of the bond? Par value of bond Value of bond Face value of bond Redeemed value of bond Par value of bond Value of bond Face value of bond Redeemed value of bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Depletion Discount Inflation Deduction Depletion Discount Inflation Deduction ANSWER DOWNLOAD EXAMIANS APP