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 0.1203 0.1219 0.1154 0.1029 0.1203 0.1219 0.1154 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,222.39 P 6,999.39 P 6,292.93 P 6,922.93 P 6,222.39 P 6,999.39 P 6,292.93 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment? 0.034 0.04 0.03 0.037 0.034 0.04 0.03 0.037 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P19,100 P18,900 P18,000 P19,000 P19,100 P18,900 P18,000 P19,000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: A series of payments Payment at equal time intervals All of these All payments of equal amount A series of payments Payment at equal time intervals All of these All payments of equal amount ANSWER DOWNLOAD EXAMIANS APP
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