Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

0.235

0.247

0.258

0.25

0.235

0.247

0.258

0.25

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Engineering Economics
What refers to the need, want or desire for a product backed by the money to purchase it?

Product

Demand

Supply

Good

Product

Demand

Supply

Good

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Engineering Economics
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?

11 months

10 months

12 months

13 months

11 months

10 months

12 months

13 months

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Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Inflation

Depreciation

Depletion

Deflation

Inflation

Depreciation

Depletion

Deflation

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Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Capital recovery

Earning value

Cash flow

Economic return

Capital recovery

Earning value

Cash flow

Economic return

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.04

0.0415

0.0425

0.0367

0.04

0.0415

0.0425

0.0367

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Engineering Economics

Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it?

Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Engineering Economics The flow back of profit plus depreciation form a given project is called ______.

Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

Engineering Economics
What refers to the need, want or desire for a product backed by the money to purchase it?

Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?