Engineering Economics
What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects?

Engineering cost analysis
Design cost analysis
Engineering economy
Economic Analysis

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Engineering Economics
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?

16.02 %
16.32 %
16.47 %
16.28 %

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Engineering Economics
Which is NOT an essential element of an ordinary annuity?

Compound interest is paid on all amounts in the annuity.
The amounts of all payments are equal.
The payments are made at equal interval of time.
The first payment is made at the beginning of the first period.

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Engineering Economics
Which is true about corporation?

The stock holders of the corporation are only liable to the extent of their investments.
Its life is dependent on the lives of the incorporators.
The minimum number of incorporators to start a corporation is three.
It is worse type of business organization.

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