A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

Engineering Economics
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

P1,459.64

P1,549.64

P1,945.64

P1,345.98

P1,459.64

P1,549.64

P1,945.64

P1,345.98

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Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Base unit method

Cost per square metre method

Cost per linear metre method

Cost per function method

Base unit method

Cost per square metre method

Cost per linear metre method

Cost per function method

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Engineering Economics
What is used to record historical financial transactions?

Ledger system

General journal system

Balance check

Bookkeeping system

Ledger system

General journal system

Balance check

Bookkeeping system

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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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.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

P702.15

P693.12

P700.12

P705.42

P702.15

P693.12

P700.12

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Engineering Economics
A mathematical expression also known as the present value of annuity of one is called ______.

Load factor

Sinking fund factor

Present worth factor

Demand factor

Load factor

Sinking fund factor

Present worth factor

Demand factor

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Engineering Economics
What is considered as the standard unit which forms the basis of a country’s domestic money supply?

Cash or check

Foreign exchange

Currency

Monetary unit

Cash or check

Foreign exchange

Currency

Monetary unit

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Engineering Economics

Engineering Economics Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Engineering Economics What is used to record historical financial transactions?

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?

Engineering Economics A mathematical expression also known as the present value of annuity of one is called ______.

Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply?

Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Engineering Economics
What is used to record historical financial transactions?

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?

Engineering Economics
A mathematical expression also known as the present value of annuity of one is called ______.

Engineering Economics
What is considered as the standard unit which forms the basis of a country’s domestic money supply?