Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,260.34 P 3,250.34 P 3,280.34 P 3,270.34 P 3,260.34 P 3,250.34 P 3,280.34 P 3,270.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Both (A) and (B) Neither (A) nor (B) 8% is the rate of interest per year Money is borrowed for n = 7 years Both (A) and (B) Neither (A) nor (B) 8% is the rate of interest per year Money is borrowed for n = 7 years ANSWER DOWNLOAD EXAMIANS APP
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 0.0415 0.04 0.0425 0.0367 0.0415 0.04 0.0425 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,100 feet 1,120 feet 1,040 feet 1,000 feet 1,100 feet 1,120 feet 1,040 feet 1,000 feet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Total sales Net revenue Gross income Net income Total sales Net revenue Gross income Net income ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Solvency Leverage Liquidity Insolvency Solvency Leverage Liquidity Insolvency ANSWER DOWNLOAD EXAMIANS APP