Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0392 0.0395 0.039 0.0398 0.0392 0.0395 0.039 0.0398 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. P19,000 P18,900 P19,100 P18,000 P19,000 P18,900 P19,100 P18,000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest 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%. P1,945.64 P1,345.98 P1,549.64 P1,459.64 P1,945.64 P1,345.98 P1,549.64 P1,459.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What represents the share of participation in business organizations? Franchise Corporation Partnership Stock Franchise Corporation Partnership Stock ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the increase in the money value of a capital asset is called? Capital expenditure Capital gain Profit Capital stock Capital expenditure Capital gain Profit Capital stock ANSWER DOWNLOAD EXAMIANS APP
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