Engineering Economics What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? P 727.17 P 717.17 P 731.17 P 714.71 P 727.17 P 717.17 P 731.17 P 714.71 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Interest rate Rate of return Return of investment Yield Interest rate Rate of return Return of investment Yield ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Initial cost method Factor method Percentage method Sinking fund method Initial cost method Factor method Percentage method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. The payments are made at equal interval of time. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. 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%. P1,549.64 P1,345.98 P1,459.64 P1,945.64 P1,549.64 P1,345.98 P1,459.64 P1,945.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Declining balance method Straight line method Sinking fund method Sum-of-year digit method Declining balance method Straight line method Sinking fund method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP