Engineering Economics As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ______. Amortization Annuity Capital recovery Annuity factor Amortization Annuity Capital recovery Annuity factor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1632 0.1628 0.1602 0.1647 0.1632 0.1628 0.1602 0.1647 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Yield rate Economic return Rate of return Rate of interest Yield rate Economic return Rate of return Rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under ordinary simple interest, how many days in one year? 360 365 366 300 360 365 366 300 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Design depreciation Physical depreciation Demand depreciation Functional depreciation Design depreciation Physical depreciation Demand depreciation Functional depreciation ANSWER DOWNLOAD EXAMIANS APP
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