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Engineering Economics

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

Depletion
Economy
Investment
Valuation

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Engineering Economics
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.

0.1332
0.1315
0.1346
0.1373

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Engineering Economics
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.

0.1232
0.1208
0.12
0.1189

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Engineering Economics
What market situation exists where there is only one buyer and only one seller?

Monopoly
Bilateral monopoly
Monopsony
Bilateral monopsony

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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. 7738
Rs. 5638
Rs. 6638

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Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

8% is the rate of interest per year
Money is borrowed for n = 7 years
Both (A) and (B)
Neither (A) nor (B)

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