Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Sinking Fund Annuity is availed
Sinking Fund Annuity is availed
Present work Annuity is availed
Capital Recovery Annuity fs availed

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Engineering Economics
Pick up the correct statement regarding financial statement analysis from the following.

The income statement is the summary of revenues and expenses of a firm over a particular period of time
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement
All listed here
The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time

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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?

16.02 %
16.32 %
16.47 %
16.28 %

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