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 denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency float Currency devaluation Currency depreciation Currency appreciation Currency float Currency devaluation Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,423.69 P 19,518.03 P 19,624.49 P 19,122.15 P 19,423.69 P 19,518.03 P 19,624.49 P 19,122.15 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Deferred annuity Perpetuity Ordinary annuity Annuity due Deferred annuity Perpetuity Ordinary annuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5873.2 5690.12 5937.5 5712.4 5873.2 5690.12 5937.5 5712.4 ANSWER DOWNLOAD EXAMIANS APP