Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Ordinary annuity Deferred annuity Perpetuity Annuity due Ordinary annuity Deferred annuity Perpetuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
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? 0.1632 0.1602 0.1647 0.1628 0.1632 0.1602 0.1647 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5873.2 5712.4 5690.12 5937.5 5873.2 5712.4 5690.12 5937.5 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 7,731.29 P 7,590.12 P 7,420.89 P 7,654.04 P 7,731.29 P 7,590.12 P 7,420.89 P 7,654.04 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: None of these S (1 + i)n S (1 + i)1/n S/(1 + i)n None of these S (1 + i)n S (1 + i)1/n S/(1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: To provide a feed back to the estimator To promote cost consciousness All of these To signal immediate warning of uneconomic operations To provide a feed back to the estimator To promote cost consciousness All of these To signal immediate warning of uneconomic operations ANSWER DOWNLOAD EXAMIANS APP