Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1332 0.1373 0.1346 0.1315 0.1332 0.1373 0.1346 0.1315 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depletion Deflation Depreciation Inflation Depletion Deflation Depreciation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost within the cost budget and knowing when and where job costs are deviating None of these To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget To keep the project cost within the cost budget and knowing when and where job costs are deviating None of these To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Effective interest Nominal interest Economic return Expected return Effective interest Nominal interest Economic return Expected return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of diminishing return Law of demand Law of supply Law of supply and demand Law of diminishing return Law of demand Law of supply Law of supply and demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The difference between the present and future worth of money at some time in the future is called ______. Depletion Deduction Inflation Discount Depletion Deduction Inflation Discount ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS