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Engineering Economics

Engineering Economics
Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.

Quarterly
Monthly
Annually
Bimonthly

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Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

24.7 %
25.0 %
23.5 %
25.8 %

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Engineering Economics
What is another term for “perfect competition”?

Free-for-all competition
Heterogeneous market
No-limit competition
Atomistic competition

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Engineering Economics
What type of bond which can be redeemed before maturity date?

Preferred bond
Callable bond
Registered bond
Incorporators bond

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Engineering Economics
What type of bond is issued jointly by two or more corporations?

Tie-up bond
Joint bond
Mortgage bond
Trust bond

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Engineering Economics
The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ______.

Currency depreciation
Currency appreciation
Currency float
Currency devaluation

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