Engineering Economics Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded. Monthly Bimonthly Quarterly Annually Monthly Bimonthly Quarterly Annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P39.45 P39.01 P39.82 P39.99 P39.45 P39.01 P39.82 P39.99 ANSWER DOWNLOAD EXAMIANS APP
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 0.258 0.25 0.247 0.235 0.258 0.25 0.247 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: A past expenditure An invested capital that cannot be retrieved All of these An unrecovered balance A past expenditure An invested capital that cannot be retrieved All of these An unrecovered balance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,600.10 P 43,763.20 P 43,263.91 P 43,489.47 P 43,600.10 P 43,763.20 P 43,263.91 P 43,489.47 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Exact simple interest Ordinary simple interest None of these Interest Exact simple interest Ordinary simple interest None of these Interest ANSWER DOWNLOAD EXAMIANS APP