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. 0.1232 0.115 0.1175 0.1195 0.1232 0.115 0.1175 0.1195 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Lands, buildings, plants and machineries are example of what type of asset? Current asset Trade investment asset Fixed asset Intangible asset Current asset Trade investment asset Fixed asset Intangible asset ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,624.49 P 19,423.69 P 19,122.15 P 19,518.03 P 19,624.49 P 19,423.69 P 19,122.15 P 19,518.03 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 11.60 % compounded annually 12.20 % compounded annually 11.90 % compounded annually 12.35 % compounded annually 11.60 % compounded annually 12.20 % compounded annually 11.90 % compounded annually 12.35 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is Rs. 4225 Rs. 4413 Rs. 3415 Rs. 4826 Rs. 4225 Rs. 4413 Rs. 3415 Rs. 4826 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? 16.32 % 16.47 % 16.28 % 16.02 % 16.32 % 16.47 % 16.28 % 16.02 % ANSWER DOWNLOAD EXAMIANS APP
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