Engineering Economics The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is: None of these Rs. 5638 Rs. 6638 Rs. 7738 None of these Rs. 5638 Rs. 6638 Rs. 7738 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.247 0.258 0.235 0.25 0.247 0.258 0.235 0.25 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? Compound interest Simple interest Nominal rate of interest Effective rate of interest Compound interest Simple interest Nominal rate of interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is used to record historical financial transactions? Balance check Ledger system General journal system Bookkeeping system Balance check Ledger system General journal system Bookkeeping system ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Depreciation Depletion Deflation Inflation Depreciation Depletion Deflation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P39.82 P39.01 P39.45 P39.99 P39.82 P39.01 P39.45 P39.99 ANSWER DOWNLOAD EXAMIANS APP
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