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 6,222.39 P 6,999.39 P 6,292.93 P 6,922.93 P 6,222.39 P 6,999.39 P 6,292.93 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Producer Seller Manufacturer Buyer or consumer Producer Seller Manufacturer Buyer or consumer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? P 727.17 P 717.17 P 714.71 P 731.17 P 727.17 P 717.17 P 714.71 P 731.17 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of a product made available for sale? Supply Product Demand Good Supply Product Demand Good ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? No-limit competition Free-for-all competition Atomistic competition Heterogeneous market No-limit competition Free-for-all competition Atomistic competition Heterogeneous market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For submission of a competitive bid for a lump-sum contract For a unit price contract For preparation of a definitive estimate to help negotiate contract All of these For submission of a competitive bid for a lump-sum contract For a unit price contract For preparation of a definitive estimate to help negotiate contract All of these ANSWER DOWNLOAD EXAMIANS APP
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