Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (ni - 1) ni (1 + ni) None of these (ni - 1) ni (1 + ni) None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. 0.1203 0.1154 0.1219 0.1029 0.1203 0.1154 0.1219 0.1029 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 12.20 % compounded annually 11.90 % compounded annually 11.60 % compounded annually 12.35 % compounded annually 12.20 % compounded annually 11.90 % compounded annually 11.60 % compounded annually 12.35 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
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 0.0367 0.0415 0.0425 0.04 0.0367 0.0415 0.0425 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the value of an intangible item which arises from the exclusive right of a company to provide a specified product and service in a certain region of the country? Going value Goodwill value Franchise value Company value Going value Goodwill value Franchise value Company value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the negotiable claim issued by a bank in lien of a term deposit? Capital gain certificate Time deposit Certificate of deposit Bond Capital gain certificate Time deposit Certificate of deposit Bond ANSWER DOWNLOAD EXAMIANS APP
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