Engineering Economics What are the two classifications of goods and services? Raw and finished Local and imported Consumer and producer Ready-made and made-to-order Raw and finished Local and imported Consumer and producer Ready-made and made-to-order ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,420.89 P 7,654.04 P 7,731.29 P 7,590.12 P 7,420.89 P 7,654.04 P 7,731.29 P 7,590.12 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Rate of interest Principal Interest Simple interest Rate of interest Principal Interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,222.39 P 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 P 6,999.39 P 6,292.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0425 0.04 0.0415 0.0367 0.0425 0.04 0.0415 0.0367 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Ordinary annuity Annuity due Deferred annuity Perpetuity Ordinary annuity Annuity due Deferred annuity Perpetuity ANSWER DOWNLOAD EXAMIANS APP
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