Engineering Economics The construction estimate of a project is used by: The consulting architect/engineer The contractor of the project The owner of the facility All of these The consulting architect/engineer The contractor of the project The owner of the facility All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1602 0.1632 0.1628 0.1647 0.1602 0.1632 0.1628 0.1647 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of a project is also known as ______. Life cycle cost Life cost Project cost Infinite cost Life cycle cost Life cost Project cost Infinite cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Deferred annuity Ordinary annuity Perpetuity Annuity due Deferred annuity Ordinary annuity Perpetuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5937.5 5690.12 5873.2 5712.4 5937.5 5690.12 5873.2 5712.4 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
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