Engineering Economics One banker’s year is equivalent to ______ days. 360 365 300 366 360 365 300 366 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0415 0.04 0.0367 0.0425 0.0415 0.04 0.0367 0.0425 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 43,263.91 P 43,763.20 P 43,600.10 P 43,489.47 P 43,263.91 P 43,763.20 P 43,600.10 P 43,489.47 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Annuity due Deferred annuity Perpetuity Ordinary annuity Annuity due Deferred annuity Perpetuity Ordinary annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Capital recovery annuity Compound annuity Sinking fund annuity Present Worth Annuity Capital recovery annuity Compound annuity Sinking fund annuity Present Worth Annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A project construction cost estimate includes: The equipment and over head cost The labour and material cost The profit of the contractor All of these The equipment and over head cost The labour and material cost The profit of the contractor All of these ANSWER DOWNLOAD EXAMIANS APP
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