Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Effective interest Nominal interest Expected return Economic return Effective interest Nominal interest Expected return Economic return ANSWER DOWNLOAD EXAMIANS APP
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 0.1373 0.1346 0.1315 0.1332 0.1373 0.1346 0.1315 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Cash money and credit necessary to establish and operate an enterprise are generally called ______. Capital Liabilities Funds Assets Capital Liabilities Funds Assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Supply Good Demand Product Supply Good Demand Product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P19,000 P18,000 P19,100 P18,900 P19,000 P18,000 P19,100 P18,900 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Duopsony is a market situation where there is/are: One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers One seller and few buyers Few sellers and few buyers Few sellers and many buyers Many sellers and few buyers ANSWER DOWNLOAD EXAMIANS APP