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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.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

P702.15
P693.12
P705.42
P700.12

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Engineering Economics
The financial analysis:

Helps a bank to know the financial position of the firm for granting a loan to the firm
Helps to judge the success of the firm's financial plans
Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment
All of these

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