Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Producer products Luxury Consumer products Necessity Producer products Luxury Consumer products Necessity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction estimate of a project is used by: The owner of the facility The contractor of the project All of these The consulting architect/engineer The owner of the facility The contractor of the project All of these The consulting architect/engineer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.0398 0.039 0.0395 0.0392 0.0398 0.039 0.0395 0.0392 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note. P19,000 P18,900 P19,100 P18,000 P19,000 P18,900 P19,100 P18,000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Initial cost method Factor method Sinking fund method Percentage method Initial cost method Factor method Sinking fund method Percentage method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount? 0.0415 0.0367 0.0425 0.04 0.0415 0.0367 0.0425 0.04 ANSWER DOWNLOAD EXAMIANS APP
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