Engineering Economics Which of these gives the lowest effective rate of interest? 12.35 % compounded annually 11.90 % compounded annually 11.60 % compounded annually 12.20 % compounded annually 12.35 % compounded annually 11.90 % compounded annually 11.60 % compounded annually 12.20 % compounded annually ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______. Currency float Currency devaluation Currency appreciation Currency depreciation Currency float Currency devaluation Currency appreciation Currency depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Ordinary simple interest Exact simple interest Interest None of these Ordinary simple interest Exact simple interest Interest None of these 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? 16.28 % 16.32 % 16.02 % 16.47 % 16.28 % 16.32 % 16.02 % 16.47 % ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In case of bankruptcy of a partnership, The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities The partners nay sell stock to generate additional capital The partners are not liable for the liabilities of the partnership The partners personal assets are attached to the debt of the partnership 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? 1.0 hour per unit 1.4 hours per unit 1.2 hours per unit 1.6 hours per unit 1.0 hour per unit 1.4 hours per unit 1.2 hours per unit 1.6 hours per unit ANSWER DOWNLOAD EXAMIANS APP
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