EXAMIANS
Pick up the correct method adopted for developing the approximate or conceptual estimates from the following:
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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?
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The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.
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The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.
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What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?
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A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?
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The difference between the present and future worth of money at some time in the future is called ______.
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What bond whose security is a mortgage on certain specified assets of the corporation?
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What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?
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A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?
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