Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Effective rate of interest Simple interest Nominal rate of interest Compound interest Effective rate of interest Simple interest Nominal rate of interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Interest Exact simple interest None of these Ordinary simple interest Interest Exact simple interest None of these Ordinary simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio of current assets to current liabilities is known as Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio Acid-Test (or Quick) ratio Current ratio Liquidity ratio Debts ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.0 hour per unit 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: ni (ni - 1) None of these (1 + ni) ni (ni - 1) None of these (1 + ni) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P18,900 P19,100 P18,000 P19,000 P18,900 P19,100 P18,000 P19,000 ANSWER DOWNLOAD EXAMIANS APP
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