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 What is the basic accounting equation? Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Proprietorship Equity Liability Assets Proprietorship Equity Liability Assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Yield Interest rate Time value of money Present worth factor Yield Interest rate Time value of money Present worth factor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market? Perfect competition Oligopoly Oligopsony Monopoly Perfect competition Oligopoly Oligopsony Monopoly 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? Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
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