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Engineering Economics

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.

0.1195
0.1232
0.115
0.1175

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Engineering Economics
What is the ordinary interest on P1,500.50 for 182 days at 5.2%?

P39.82
P39.01
P39.45
P39.99

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Engineering Economics
What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate.

Currency float
Currency devaluation
Currency depreciation
Currency appreciation

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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.

Mortgage bond
Security bond
Joint bond
Collateral trust bond

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Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

P 2,544.45
P 2,540.56
P 2,504.57
P 2,500.57

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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
Effective rate of interest
Simple interest

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