Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Currency Cash or check Foreign exchange Monetary unit Currency Cash or check Foreign exchange Monetary unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 25.0 % 25.8 % 23.5 % 24.7 % 25.0 % 25.8 % 23.5 % 24.7 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal? Nominal rate of interest Compound interest Simple interest Effective rate of interest Nominal rate of interest Compound interest Simple interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A farmer selling eggs at 50 pesos a dozen gains 20%. If he sells the eggs at the same price after the costs of the eggs rises by 12.5%, how much will be his new gain in percent? 0.0689 0.0658 0.0612 0.0665 0.0689 0.0658 0.0612 0.0665 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Both (A) and (B) 8% is the rate of interest per year Neither (A) nor (B) Money is borrowed for n = 7 years Both (A) and (B) 8% is the rate of interest per year Neither (A) nor (B) Money is borrowed for n = 7 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Unit method Percentage method Sinking fund method Factor method Unit method Percentage method Sinking fund method Factor method ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS