Engineering Economics What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Market Mall Store Office Market Mall Store Office ANSWER DOWNLOAD EXAMIANS APP
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? Depreciation Deflation Inflation Depletion Depreciation Deflation Inflation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the ordinary interest on P1,500.50 for 182 days at 5.2%? P39.45 P39.82 P39.01 P39.99 P39.45 P39.82 P39.01 P39.99 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 15.3 years 14.2 years 14.7 years 13.7 years 15.3 years 14.2 years 14.7 years 13.7 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Insolvency Solvency Liquidity Leverage Insolvency Solvency Liquidity Leverage 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? 16.28 % 16.32 % 16.47 % 16.02 % 16.28 % 16.32 % 16.47 % 16.02 % ANSWER DOWNLOAD EXAMIANS APP
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