Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/n)m (1 + i/m)1/n (1 + i/m)n (1 + i/n)1/m (1 + i/n)m (1 + i/m)1/n (1 + i/m)n (1 + i/n)1/m ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the basic accounting equation? Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity Owner’s equity = assets + liability Owner’s equity = liability – assets Liability = assets + owners’ equity Assets = liability + owner’s equity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Nominal interest Economic return Effective interest Expected return Nominal interest Economic return Effective interest Expected return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period? 5690.12 5937.5 5873.2 5712.4 5690.12 5937.5 5873.2 5712.4 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Assembly cost Inspection cost Supervision cost Testing cost Assembly cost Inspection cost Supervision cost Testing cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Rate of interest Principal Simple interest Interest Rate of interest Principal Simple interest Interest ANSWER DOWNLOAD EXAMIANS APP
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