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Engineering Economics

Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Principal
Simple interest
Interest
Rate of interest

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Engineering Economics
What is the ordinary interest on P1,500.50 for 182 days at 5.2%?

P39.45
P39.01
P39.99
P39.82

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Engineering Economics
What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?

Seller
Producer
Buyer or consumer
Manufacturer

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Engineering Economics
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?

0.0816
0.0807
0.0824
0.0812

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Engineering Economics
Annuities involve:

A series of payments
Payment at equal time intervals
All payments of equal amount
All of these

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Engineering Economics
The construction manager uses the estimate of the project

To develop bids on the project
To tell the owner of the project to take his/her financial decision
All of these
To control the project during its construction

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MORE MCQ ON Engineering Economics

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