Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Necessity Luxury Consumer products Producer products Necessity Luxury Consumer products Producer products ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Nominal rate of interest Simple interest Effective rate of interest Compound interest Nominal rate of interest Simple interest Effective rate of interest Compound interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is considered as the standard unit which forms the basis of a country’s domestic money supply? Currency Cash or check Monetary unit Foreign exchange Currency Cash or check Monetary unit Foreign exchange ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%. P 152.88 P 150.56 P 153.89 P 151.09 P 152.88 P 150.56 P 153.89 P 151.09 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which of these gives the lowest effective rate of interest? 11.90 % compounded annually 11.60 % compounded annually 12.35 % compounded annually 12.20 % compounded annually 11.90 % compounded annually 11.60 % compounded annually 12.35 % compounded annually 12.20 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Double taxation is a disadvantage of which business organization? Corporation Sole proprietorship Enterprise Partnership Corporation Sole proprietorship Enterprise Partnership ANSWER DOWNLOAD EXAMIANS APP
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