Engineering Economics Which is true about corporation? The minimum number of incorporators to start a corporation is three. The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. Its life is dependent on the lives of the incorporators. The minimum number of incorporators to start a corporation is three. The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. Its life is dependent on the lives of the incorporators. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A mathematical expression also known as the present value of annuity of one is called ______. Demand factor Load factor Sinking fund factor Present worth factor Demand factor Load factor Sinking fund factor Present worth factor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,222.39 P 6,292.93 P 6,999.39 P 6,922.93 P 6,222.39 P 6,292.93 P 6,999.39 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “perfect competition”? No-limit competition Atomistic competition Free-for-all competition Heterogeneous market No-limit competition Atomistic competition Free-for-all competition Heterogeneous market ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P705.42 P693.12 P702.15 P700.12 P705.42 P693.12 P702.15 P700.12 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? 0.1628 0.1602 0.1647 0.1632 0.1628 0.1602 0.1647 0.1632 ANSWER DOWNLOAD EXAMIANS APP
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