Engineering Economics What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually. P 1,107.34 P 1,205.74 P 1,185.54 P 1,290.34 P 1,107.34 P 1,205.74 P 1,185.54 P 1,290.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1647 0.1602 0.1628 0.1632 0.1647 0.1602 0.1628 0.1632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ______. Coupon bond Collateral trust bond Registered bond Mortgage bond Coupon bond Collateral trust bond Registered bond Mortgage bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the need, want or desire for a product backed by the money to purchase it? Demand Good Product Supply Demand Good Product Supply ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. 0.1154 0.1029 0.1219 0.1203 0.1154 0.1029 0.1219 0.1203 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Exact simple interest None of these Ordinary simple interest Interest Exact simple interest None of these Ordinary simple interest Interest ANSWER DOWNLOAD EXAMIANS APP
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