Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0816 0.0824 0.0807 0.0812 0.0816 0.0824 0.0807 0.0812 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity? P 16,892.34 P 18,289.05 P 20,113.57 P 15,030.03 P 16,892.34 P 18,289.05 P 20,113.57 P 15,030.03 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is a secondary book of accounts, the information of which is obtained from the journal is called? Trial balance Worksheet Ledger Balanced sheet Trial balance Worksheet Ledger Balanced sheet ANSWER DOWNLOAD EXAMIANS APP
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 6,922.93 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 ANSWER DOWNLOAD EXAMIANS APP