Engineering Economics
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?

P705.42
P702.15
P700.12
P693.12

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
In case of bankruptcy of a partnership,

The partners personal assets are attached to the debt of the partnership
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities
The partners are not liable for the liabilities of the partnership
The partners nay sell stock to generate additional capital

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?

0.1628
0.1602
0.1647
0.1632

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
In a cash-flow diagram:

A vertical arrow pointing up indicates a positive cash flow
Time 0 is considered to be the present
Time 1 is considered to be the end of time period 1
All of these

ANSWER DOWNLOAD EXAMIANS APP