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Engineering Economics

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?

0.0398
0.0392
0.0395
0.039

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Engineering Economics
In computing depreciation of an equipment, which of the following represents the first cost?

Initial taxes and permit fees
The original purchase price and freight charges
Installation expenses
All of these

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Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

5050000
5025000
5000000
5010000

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Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Partnership
Cooperative
Corporation
Enterprise

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Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

P 7,590.12
P 7,731.29
P 7,420.89
P 7,654.04

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Engineering Economics
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.

0.1219
0.1029
0.1154
0.1203

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