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Engineering Economics

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

15.3 years
14.2 years
13.7 years
14.7 years

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Engineering Economics
The wages of supervisors and material handlers are charged as:

Direct labour cost
Over head
Indirect labour cost
None of these

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Engineering Economics
The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______.

Effective interest
Nominal interest
Economic return
Expected return

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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%.

P1,945.64
P1,345.98
P1,459.64
P1,549.64

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Engineering Economics
The financial health of the company is measured in terms of:

Liquidity
Relative risk
All of these
Solvency

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Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Depreciation
Depletion
Deflation
Inflation

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