Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency appreciation Currency depreciation Currency devaluation Currency float Currency appreciation Currency depreciation Currency devaluation Currency float 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? 0.1628 0.1647 0.1602 0.1632 0.1628 0.1647 0.1602 0.1632 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0812 0.0824 0.0816 0.0807 0.0812 0.0824 0.0816 0.0807 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “current assets”? Non-liquid assets Liquid assets Ccash Fixed assets Non-liquid assets Liquid assets Ccash Fixed assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Factor method Percentage method Sinking fund method Initial cost method Factor method Percentage method Sinking fund method Initial cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P705.42 P693.12 P700.12 P702.15 P705.42 P693.12 P700.12 P702.15 ANSWER DOWNLOAD EXAMIANS APP
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