Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = liability – assets Owner’s equity = assets + liability Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = liability – assets ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1373 0.1332 0.1315 0.1346 0.1373 0.1332 0.1315 0.1346 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 P 43,600.10 P 43,489.47 P 43,763.20 P 43,263.91 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Annuity due Ordinary annuity Deferred annuity Perpetuity Annuity due Ordinary annuity Deferred annuity Perpetuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment? P 2,504.57 P 2,500.57 P 2,540.56 P 2,544.45 P 2,504.57 P 2,500.57 P 2,540.56 P 2,544.45 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency depreciation Currency float Currency devaluation Currency appreciation Currency depreciation Currency float Currency devaluation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
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