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? 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 What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,420.89 P 7,590.12 P 7,731.29 P 7,654.04 P 7,420.89 P 7,590.12 P 7,731.29 P 7,654.04 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment? 0.03 0.037 0.04 0.034 0.03 0.037 0.04 0.034 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 P 6,999.39 P 6,292.93 P 6,222.39 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as None of these Conceptual estimate Definitive estimate Probabilistic estimate None of these Conceptual estimate Definitive estimate Probabilistic estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where Neither (A) nor (B) Both (A) and (B) 8% is the rate of interest per year Money is borrowed for n = 7 years Neither (A) nor (B) Both (A) and (B) 8% is the rate of interest per year Money is borrowed for n = 7 years ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS