Engineering Economics Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”. 0.1315 0.1332 0.1346 0.1373 0.1315 0.1332 0.1346 0.1373 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time? Deflation Inflation Depletion Depreciation Deflation Inflation Depletion Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually. P 1,185.54 P 1,107.34 P 1,205.74 P 1,290.34 P 1,185.54 P 1,107.34 P 1,205.74 P 1,290.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest? 0.039 0.0395 0.0398 0.0392 0.039 0.0395 0.0398 0.0392 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 9 years 10 years 7 eyars 8 years 9 years 10 years 7 eyars 8 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of diminishing return Law of supply Law of demand Law of supply and demand Law of diminishing return Law of supply Law of demand ANSWER DOWNLOAD EXAMIANS APP