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 3,280.34 P 3,260.34 P 3,270.34 P 3,250.34 P 3,280.34 P 3,260.34 P 3,270.34 P 3,250.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? Securities T-bills Bank notes Bond Securities T-bills Bank notes Bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods Goods or commodities Commodities Services Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To judge tentatively or approximate value of the project None of these To decide an approximation of the value of the project and not the exact cost To produce a statement of the approximate cost To judge tentatively or approximate value of the project None of these To decide an approximation of the value of the project and not the exact cost To produce a statement of the approximate cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Current asset Trade investment asset Intangible asset Fixed asset Current asset Trade investment asset Intangible asset Fixed asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
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