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%.

P1,345.98

P1,549.64

P1,459.64

P1,945.64

P1,345.98

P1,549.64

P1,459.64

P1,945.64

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Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

P 231.56

P 222.67

P 236.20

P 212.90

P 231.56

P 222.67

P 236.20

P 212.90

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

14.7 years

13.7 years

14.2 years

15.3 years

14.7 years

13.7 years

14.2 years

15.3 years

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Engineering Economics
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Annuity due

Deferred annuity

Ordinary annuity

Perpetuity

Annuity due

Deferred annuity

Ordinary annuity

Perpetuity

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Engineering Economics
What are the common methods of computing depletion charge?

Rational method and irrational method

Unit method and percentage method

Discrete method and depletion allowance method

Conservative method and conventional method

Rational method and irrational method

Unit method and percentage method

Discrete method and depletion allowance method

Conservative method and conventional method

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Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.

It can be handed down from one generation of partners to another.

It will be dissolved if one of the partners ceases to be connected with the partnership.

It has a perpetual life.

Its capitalization must be equal for each partner.

It can be handed down from one generation of partners to another.

It will be dissolved if one of the partners ceases to be connected with the partnership.

It has a perpetual life.

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Engineering Economics

Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

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

Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Engineering Economics What are the common methods of computing depletion charge?

Engineering Economics Which is true about partnership?

Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

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

Engineering Economics
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Engineering Economics
What are the common methods of computing depletion charge?

Engineering Economics
Which is true about partnership?