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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
Rate of interest
Interest

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

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

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Engineering Economics
An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method

P 3,279.27
P 3,792.72
P 3,729.27
P 3,927.27

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Engineering Economics
What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

Depletion
Depreciation
Deflation
Inflation

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Engineering Economics
If there is only one seller and many buyers, the market situation is ________ .

Duopsony
Oligopsony
Oligopoly
Monopoly

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Engineering Economics
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.

0.1175
0.1232
0.115
0.1195

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