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? Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability Assets = liability + owner’s equity Owner’s equity = liability – assets Liability = assets + owners’ equity Owner’s equity = assets + liability ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,518.03 P 19,423.69 P 19,122.15 P 19,624.49 P 19,518.03 P 19,423.69 P 19,122.15 P 19,624.49 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days. 0.1944 0.1961 0.1931 0.1972 0.1944 0.1961 0.1931 0.1972 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______. Cooperative Enterprise Partnership Corporation Cooperative Enterprise Partnership Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Is an artificial being created by operation of law, having the right of succession and the process, attributes and properties expressly authorized by the law or incident to its existence. Property Corporation Organization Partnership Property Corporation Organization Partnership ANSWER DOWNLOAD EXAMIANS APP
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