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Engineering Economics

Engineering Economics
A uniform series of payment occurring at equal interval of time is called ______.

Annuity
Bond
Amortization
Depreciation

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Engineering Economics
Annuities involve:

All of these
A series of payments
Payment at equal time intervals
All payments of equal amount

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Engineering Economics
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

(1 + ni)
None of these
ni
(ni - 1)

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Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

Forced saving
Compulsory saving
Consumer saving
All of these

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Engineering Economics
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?

P37.56
P44.55
P54.66
P 62.44

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Engineering Economics
The construction manager uses the estimate of the project

To develop bids on the project
All of these
To tell the owner of the project to take his/her financial decision
To control the project during its construction

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