Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Rate of interest Simple interest Principal Interest Rate of interest Simple interest Principal Interest 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”. 0.1332 0.1373 0.1315 0.1346 0.1332 0.1373 0.1315 0.1346 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Salvage value is sometimes known as ______. Going value Scrap value Junk value Second-hand value Going value Scrap value Junk value Second-hand value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A uniform series of payment occurring at equal interval of time is called ______. Amortization Annuity Bond Depreciation Amortization Annuity Bond Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What denotes in the fall in the exchange rate of one currency in terms of the others? This term is usually applies to the floating exchange rate. Currency float Currency devaluation Currency depreciation Currency appreciation Currency float Currency devaluation Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity Owner’s equity = liability – assets Owner’s equity = assets + liability Assets = liability + owner’s equity Liability = assets + owners’ equity ANSWER DOWNLOAD EXAMIANS APP
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