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? Luxury Necessity Producer products Consumer products Luxury Necessity Producer products Consumer 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? Compound interest Nominal rate of interest Effective rate of interest Simple interest Compound interest Nominal rate of interest Effective rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity that does not have a fixed time span but continues indefinitely or forever? Ordinary annuity Perpetuity Annuity due Deferred annuity Ordinary annuity Perpetuity Annuity due Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually? P 7,731.29 P 7,420.89 P 7,590.12 P 7,654.04 P 7,731.29 P 7,420.89 P 7,590.12 P 7,654.04 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.6 hours per unit 1.0 hour per unit 1.2 hours per unit 1.4 hours per unit 1.6 hours per unit 1.0 hour per unit 1.2 hours per unit 1.4 hours per unit ANSWER DOWNLOAD EXAMIANS APP
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 3,729.27 P 3,792.72 P 3,279.27 P 3,927.27 P 3,729.27 P 3,792.72 P 3,279.27 P 3,927.27 ANSWER DOWNLOAD EXAMIANS APP
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