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ENGINEERING ECONOMICS

Engineering Economics
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?

0.0807
0.0812
0.0816
0.0824

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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 20,113.57
P 15,030.03
P 16,892.34
P 18,289.05

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Engineering Economics
What is the basic accounting equation?

Liability = assets + owners’ equity
Owner’s equity = assets + liability
Owner’s equity = liability – assets
Assets = liability + owner’s equity

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Engineering Economics
What is a secondary book of accounts, the information of which is obtained from the journal is called?

Worksheet
Ledger
Trial balance
Balanced sheet

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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 6,292.93
P 6,922.93
P 6,999.39

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