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Engineering Economics

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?

0.0931
0.0901
0.0941
0.0914

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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.

5010000
5050000
5000000
5025000

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Engineering Economics
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?

P702.15
P700.12
P705.42
P693.12

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Engineering Economics
Earnings per share is the most important ratio for

Banks
All of these
Company's management
Share holders

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Engineering Economics
Annuities involve:

A series of payments
All of these
Payment at equal time intervals
All payments of equal amount

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Engineering Economics
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

Goods
Goods or commodities
Services
Commodities

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