Engineering Economics A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually. 0.1175 0.1232 0.1195 0.115 0.1175 0.1232 0.1195 0.115 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? Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Producer Buyer or consumer Manufacturer Seller Producer Buyer or consumer Manufacturer Seller ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries. Joint bond Collateral trust bond Mortgage bond Security bond Joint bond Collateral trust bond Mortgage bond Security bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1632 0.1628 0.1647 0.1602 0.1632 0.1628 0.1647 0.1602 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A bond without any security behind them except a promise to pay by the issuing corporation is called ______. Trust bond Joint bond Common bond Debenture bond Trust bond Joint bond Common bond Debenture bond ANSWER DOWNLOAD EXAMIANS APP
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