Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,763.20 P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 P 43,600.10 P 43,489.47 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,100.00 P 2,300.00 P 2,200.00 P 2,000.00 P 2,100.00 P 2,300.00 P 2,200.00 P 2,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Unit method Percentage method Sinking fund method Factor method Unit method Percentage method Sinking fund method Factor method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Economic return Effective interest Expected return Nominal interest Economic return Effective interest Expected return Nominal interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,000 feet 1,100 feet 1,120 feet 1,040 feet 1,000 feet 1,100 feet 1,120 feet 1,040 feet ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS