Engineering Economics What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days. 0.1972 0.1944 0.1931 0.1961 0.1972 0.1944 0.1931 0.1961 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,459.64 P1,345.98 P1,945.64 P1,549.64 P1,459.64 P1,345.98 P1,945.64 P1,549.64 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: (1 + ni) None of these ni (ni - 1) (1 + ni) None of these ni (ni - 1) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In computing depreciation of an equipment, which of the following represents the first cost? Installation expenses The original purchase price and freight charges Initial taxes and permit fees All of these Installation expenses The original purchase price and freight charges Initial taxes and permit fees All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods or commodities Commodities Goods Services Goods or commodities Commodities Goods Services ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Nominal interest Effective interest Expected return Economic return Nominal interest Effective interest Expected return Economic return ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS