Engineering Economics What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration? Buyer or consumer Seller Producer Manufacturer Buyer or consumer Seller Producer Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,945.64 P1,549.64 P1,345.98 P1,459.64 P1,945.64 P1,549.64 P1,345.98 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded. Annually Quarterly Bimonthly Monthly Annually Quarterly Bimonthly Monthly 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? Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the claim of anyone to ownership? Assets Liability Equity Proprietorship Assets Liability Equity Proprietorship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,489.47 P 43,763.20 P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 P 43,600.10 ANSWER DOWNLOAD EXAMIANS APP
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