Engineering Economics
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?

P 6,292.93
P 6,999.39
P 6,922.93
P 6,222.39

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Engineering Economics
In case of bankruptcy of a partnership,

The partners are not liable for the liabilities of the partnership
The partners nay sell stock to generate additional capital
The partners personal assets are attached to the debt of the partnership
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities

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Engineering Economics
Perfect monopoly exists only if:

the single vendor can prevent the entry of all other vendors in the market
the single vendor is the only one who has the permit to sell
the single vendor is the only one who has the knowledge of the product
the single vendor gets the absolute franchise of the product

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