Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Economic return Nominal interest Effective interest Expected return Economic return Nominal interest Effective interest Expected return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Annual cost method Benefit-cost ratio EUAC Rate of return method Annual cost method Benefit-cost ratio EUAC Rate of return method 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? Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,504.57 P 2,540.56 P 2,544.45 P 2,500.57 P 2,504.57 P 2,540.56 P 2,544.45 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project None of these To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost To judge tentatively or approximate value of the project None of these To produce a statement of the approximate cost 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? 23.5 % 24.7 % 25.8 % 25.0 % 23.5 % 24.7 % 25.8 % 25.0 % ANSWER DOWNLOAD EXAMIANS APP