A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.0425

0.0415

0.0367

0.04

0.0425

0.0415

0.0367

0.04

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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 3,279.27

P 3,927.27

P 3,792.72

P 3,729.27

P 3,279.27

P 3,927.27

P 3,792.72

P 3,729.27

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Engineering Economics
What is a measure of the average speed with which accounts receivable are collected?

Quick ratio

Acid test ratio

Current ratio

Receivable turnover

Quick ratio

Acid test ratio

Current ratio

Receivable turnover

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Engineering Economics
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is

Rs. 3415

Rs. 4826

Rs. 4413

Rs. 4225

Rs. 3415

Rs. 4826

Rs. 4413

Rs. 4225

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Engineering Economics
Current ratio is:

Current assets/Current liabilities

(Current assets + loans advances)/Current liabilities

(Current assets + loans)/Current liabilities

None of these

Current assets/Current liabilities

(Current assets + loans advances)/Current liabilities

(Current assets + loans)/Current liabilities

None of these

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Engineering Economics
Which is NOT an essential element of an ordinary annuity?

Compound interest is paid on all amounts in the annuity.

The amounts of all payments are equal.

The payments are made at equal interval of time.

The first payment is made at the beginning of the first period.

Compound interest is paid on all amounts in the annuity.

The amounts of all payments are equal.

The payments are made at equal interval of time.

The first payment is made at the beginning of the first period.

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Engineering Economics

Engineering Economics A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

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

Engineering Economics What is a measure of the average speed with which accounts receivable are collected?

Engineering Economics Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is

Engineering Economics Current ratio is:

Engineering Economics Which is NOT an essential element of an ordinary annuity?

Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

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

Engineering Economics
What is a measure of the average speed with which accounts receivable are collected?

Engineering Economics
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is

Engineering Economics
Current ratio is:

Engineering Economics
Which is NOT an essential element of an ordinary annuity?