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 0.1175 0.115 0.1195 0.1232 0.1175 0.115 0.1195 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Percentage method Sinking fund method Unit method Factor method Percentage method Sinking fund method Unit method Factor method 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? 0.1602 0.1632 0.1647 0.1628 0.1602 0.1632 0.1647 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P705.42 P693.12 P700.12 P702.15 P705.42 P693.12 P700.12 P702.15 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. 4413 Rs. 3415 Rs. 4225 Rs. 4826 Rs. 4413 Rs. 3415 Rs. 4225 Rs. 4826 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P39.45 P39.01 P39.99 P39.82 P39.45 P39.01 P39.99 P39.82 ANSWER DOWNLOAD EXAMIANS APP