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 Present Worth Annuity Sinking fund annuity Compound annuity Capital recovery annuity Present Worth Annuity Sinking fund annuity Compound annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Economic return Expected return Effective interest Nominal interest Economic return Expected return Effective interest Nominal interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 236.20 P 222.67 P 212.90 P 231.56 P 236.20 P 222.67 P 212.90 P 231.56 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 supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Rate of interest Interest Simple interest Principal Rate of interest Interest Simple interest Principal 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? 0.0425 0.04 0.0415 0.0367 0.0425 0.04 0.0415 0.0367 ANSWER DOWNLOAD EXAMIANS APP