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Engineering Economics

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

Interest
Principal
Simple interest
Rate of interest

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

Oligopoly
Oligopsony
Duopsony
Monopoly

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Engineering Economics
What is the feature of some bonds whereby the issuer can redeem it before it matures?

Call class
Callability
Return clause
Recall clause

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Engineering Economics
One banker’s year is equivalent to ______ days.

366
365
300
360

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Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

24.7 %
25.0 %
25.8 %
23.5 %

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Engineering Economics
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.

0.1208
0.12
0.1189
0.1232

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