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. 0.1029 0.1154 0.1203 0.1219 0.1029 0.1154 0.1203 0.1219 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0807 0.0812 0.0824 0.0816 0.0807 0.0812 0.0824 0.0816 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due? P 3,250.34 P 3,260.34 P 3,270.34 P 3,280.34 P 3,250.34 P 3,260.34 P 3,270.34 P 3,280.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What are the two classifications of goods and services? Raw and finished Local and imported Consumer and producer Ready-made and made-to-order Raw and finished Local and imported Consumer and producer Ready-made and made-to-order ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of the net income before taxes to net sales is called ______. Current ratio Inventory turnover Profit margin ratio Price-earnings ratio Current ratio Inventory turnover Profit margin ratio Price-earnings ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under ordinary simple interest, how many days in one year? 366 360 300 365 366 360 300 365 ANSWER DOWNLOAD EXAMIANS APP
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