Engineering Economics
By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly?

11.23 years
11.57 years
11.87 years
11.46 years

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Engineering Economics
Each financial ratio is generally compared by

All of these
A past ratio calculated from the past financial standard of the firm
A ratio developed by using the projected financial statement of the firm
A ratio of some selected firms most progressive and successful at the point of consideration

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