Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of supply Law of diminishing return Law of supply and demand Law of demand Law of supply Law of diminishing return Law of supply and demand Law of demand 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. P18,000 P19,000 P19,100 P18,900 P18,000 P19,000 P19,100 P18,900 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/n)m (1 + i/m)1/n (1 + i/n)1/m (1 + i/m)n (1 + i/n)m (1 + i/m)1/n (1 + i/n)1/m (1 + i/m)n 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 2,544.45 P 2,540.56 P 2,500.57 P 2,504.57 P 2,544.45 P 2,540.56 P 2,500.57 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,345.98 P1,459.64 P1,945.64 P1,549.64 P1,345.98 P1,459.64 P1,945.64 P1,549.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest. 0.1208 0.12 0.1189 0.1232 0.1208 0.12 0.1189 0.1232 ANSWER DOWNLOAD EXAMIANS APP
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