Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. The payments are made at equal interval of time. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. The amounts of all payments are equal. Compound interest is paid on all amounts in the annuity. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments. P 43,489.47 P 43,263.91 P 43,763.20 P 43,600.10 P 43,489.47 P 43,263.91 P 43,763.20 P 43,600.10 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 3,927.27 P 3,792.72 P 3,279.27 P 3,729.27 P 3,927.27 P 3,792.72 P 3,279.27 P 3,729.27 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Nominal interest Economic return Expected return Effective interest Nominal interest Economic return Expected return Effective interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Insolvency Solvency Leverage Liquidity Insolvency Solvency Leverage Liquidity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All the proceeds which are received by the business as a result of the sale of goods is called ______. Net revenue Total sales Net income Gross income Net revenue Total sales Net income Gross income ANSWER DOWNLOAD EXAMIANS APP
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