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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
0.0395
0.0392
0.039

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Engineering Economics
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.

Nominal interest
Effective interest
Expected return
Economic return

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Engineering Economics
What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %?

P 731.17
P 717.17
P 714.71
P 727.17

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Engineering Economics
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

Services
Goods or commodities
Commodities
Goods

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Engineering Economics
What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

Consumer products
Producer products
Necessity
Luxury

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Engineering Economics
The process of determining the value or worth of a physical property for specific reason is called ______.

Investment
Depletion
Economy
Valuation

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