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%.

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

P1,345.98

P1,945.64

P1,549.64

P1,459.64

P1,345.98

P1,945.64

P1,549.64

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.

50% of the fixed percentage of gross income or the net taxable income

Fixed percentage of gross income or 50% of the net taxable income

Fixed percentage of gross income or the net taxable income

50% of the fixed percentage of gross income or 50% of the net taxable income

50% of the fixed percentage of gross income or the net taxable income

Fixed percentage of gross income or 50% of the net taxable income

Fixed percentage of gross income or the net taxable income

50% of the fixed percentage of gross income or 50% of the net taxable income

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

Compulsory saving

Forced saving

Consumer saving

All of these

Compulsory saving

Forced saving

Consumer saving

All of these

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
How long will it take money to double itself if invested at 5% compounded annually?

13.7 years

15.3 years

14.2 years

14.7 years

13.7 years

15.3 years

14.2 years

14.7 years

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
What is the basic accounting equation?

Assets = liability + owner’s equity

Owner’s equity = liability – assets

Liability = assets + owners’ equity

Owner’s equity = assets + liability

Assets = liability + owner’s equity

Owner’s equity = liability – assets

Liability = assets + owners’ equity

Owner’s equity = assets + liability

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.

Cash flow

Economic return

Capital recovery

Earning value

Cash flow

Economic return

Capital recovery

Earning value

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics

Engineering Economics Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.

Engineering Economics What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

Engineering Economics How long will it take money to double itself if invested at 5% compounded annually?

Engineering Economics What is the basic accounting equation?

Engineering Economics The flow back of profit plus depreciation form a given project is called ______.

Engineering Economics
Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.

Engineering Economics
What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save?

Engineering Economics
How long will it take money to double itself if invested at 5% compounded annually?

Engineering Economics
What is the basic accounting equation?

Engineering Economics
The flow back of profit plus depreciation form a given project is called ______.