Engineering Economics You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank? P 62.44 P44.55 P54.66 P37.56 P 62.44 P44.55 P54.66 P37.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: All payments of equal amount Payment at equal time intervals A series of payments All of these All payments of equal amount Payment at equal time intervals A series of payments All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Current ratio is: Current assets/Current liabilities (Current assets + loans advances)/Current liabilities None of these (Current assets + loans)/Current liabilities Current assets/Current liabilities (Current assets + loans advances)/Current liabilities None of these (Current assets + loans)/Current liabilities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the negotiable claim issued by a bank in lien of a term deposit? Bond Capital gain certificate Certificate of deposit Time deposit Bond Capital gain certificate Certificate of deposit Time deposit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct statement regarding financial statement analysis from the following. Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time The income statement is the summary of revenues and expenses of a firm over a particular period of time Final analysis always involves the use of various financial statements i.e., balance sheet and income statement All listed here The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time The income statement is the summary of revenues and expenses of a firm over a particular period of time ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,945.64 P1,345.98 P1,549.64 P1,459.64 P1,945.64 P1,345.98 P1,549.64 P1,459.64 ANSWER DOWNLOAD EXAMIANS APP
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