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? 5712.4 5873.2 5937.5 5690.12 5712.4 5873.2 5937.5 5690.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Bookkeeping system Ledger system Balance check General journal system Bookkeeping system Ledger system Balance check General journal system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Inflation Deflation Depreciation Depletion Inflation Deflation Depreciation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? Unstable economy The initial depreciation is low Rate of interest cannot be exactly determined The initial deprecation is high Unstable economy The initial depreciation is low Rate of interest cannot be exactly determined The initial deprecation is high ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation? T-bills Bond Stock Promissory note T-bills Bond Stock Promissory note ANSWER DOWNLOAD EXAMIANS APP
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 3,250.34 P 3,270.34 P 3,260.34 P 3,280.34 P 3,250.34 P 3,270.34 P 3,260.34 ANSWER DOWNLOAD EXAMIANS APP
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