Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as Conceptual estimate Probabilistic estimate None of these Definitive estimate Conceptual estimate Probabilistic estimate None of these Definitive estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1315 0.1373 0.1332 0.1346 0.1315 0.1373 0.1332 0.1346 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,549.64 P1,945.64 P1,345.98 P1,459.64 P1,549.64 P1,945.64 P1,345.98 P1,459.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P37.56 P54.66 P 62.44 P44.55 P37.56 P54.66 P 62.44 P44.55 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 P18,000 P18,900 P19,000 P19,100 P18,000 P18,900 P19,000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The amount of property in which a willing buyer to a willing seller for the property when neither one is under the compulsion to buy nor to sell is called ______. Fair value Market value Book value Good will value Fair value Market value Book value Good will value ANSWER DOWNLOAD EXAMIANS APP