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Engineering Economics

Engineering Economics
What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?

Stock
Commodity
Necessity
Utility

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Engineering Economics
A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money?

0.0914
0.0931
0.0941
0.0901

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Engineering Economics
What is used to record historical financial transactions?

Balance check
Ledger system
Bookkeeping system
General journal system

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Engineering Economics
What is the factor name of the formula (1+i)^-n?

Capital recovery
Single payment present worth
Uniform gradient future worth
Single payment compound amount

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Engineering Economics
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.

7 eyars
10 years
9 years
8 years

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Engineering Economics
A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due?

P 3,270.34
P 3,260.34
P 3,250.34
P 3,280.34

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