Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5690.12 5937.5 5873.2 5712.4 5690.12 5937.5 5873.2 5712.4 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. 0.1029 0.1154 0.1203 0.1219 0.1029 0.1154 0.1203 0.1219 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Liability Assets Proprietorship Equity Liability Assets Proprietorship Equity 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? Compound interest Nominal rate of interest Effective rate of interest Simple interest Compound interest Nominal rate of interest Effective rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Both (A) and (B) Money is borrowed for n = 7 years 8% is the rate of interest per year Neither (A) nor (B) Both (A) and (B) Money is borrowed for n = 7 years 8% is the rate of interest per year Neither (A) nor (B) ANSWER DOWNLOAD EXAMIANS APP
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