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 Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The contractor of the project The consulting architect/engineer The owner of the facility All of these The contractor of the project The consulting architect/engineer The owner of the facility All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? P 731.17 P 727.17 P 714.71 P 717.17 P 731.17 P 727.17 P 714.71 P 717.17 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 19,423.69 P 19,122.15 P 19,624.49 P 19,518.03 P 19,423.69 P 19,122.15 P 19,624.49 P 19,518.03 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a + (n + 1) b a × (n - 1) b a + (n - 1) b a - (n - 1) b a + (n + 1) b a × (n - 1) b a + (n - 1) b a - (n - 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 11 months 10 months 12 months 13 months 11 months 10 months 12 months 13 months ANSWER DOWNLOAD EXAMIANS APP