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 43,263.91 P 43,763.20 P 43,489.47 P 43,600.10 P 43,263.91 P 43,763.20 P 43,489.47 P 43,600.10 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.2 years 13.7 years 14.7 years 15.3 years 14.2 years 13.7 years 14.7 years 15.3 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund? T-bills Bond Securities Bank notes T-bills Bond Securities Bank notes ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What do you call a one-time credit against taxes? Due credit Revenue credit Tax credit Credible credit Due credit Revenue credit Tax credit Credible credit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The price at which the callable bond will be redeemed from the bondholder is called ______. Face value Redemption value Par value Call value Face value Redemption value Par value Call value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What stock represents ownership and enjoys certain preferences than ordinary stock? Preferred stock Authorized stock Incorporator’s stock Presidential stock Preferred stock Authorized stock Incorporator’s stock Presidential stock ANSWER DOWNLOAD EXAMIANS APP