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? P37.56 P44.55 P 62.44 P54.66 P37.56 P44.55 P 62.44 P54.66 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 13 months 12 months 10 months 11 months 13 months 12 months 10 months 11 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 15.3 years 14.2 years 14.7 years 13.7 years 15.3 years 14.2 years 14.7 years 13.7 years 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%. P1,459.64 P1,549.64 P1,345.98 P1,945.64 P1,459.64 P1,549.64 P1,345.98 P1,945.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.25 0.258 0.235 0.247 0.25 0.258 0.235 0.247 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the first payment does not begin until some later date in the cash flow? Deferred annuity Ordinary annuity Perpetuity Annuity due Deferred annuity Ordinary annuity Perpetuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
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