Engineering Economics Pick up the correct method adopted for developing the approximate or conceptual estimates from the following: Cost per function method All of these Base unit method Cost per square metre Cost per function method All of these Base unit method Cost per square metre ANSWER DOWNLOAD EXAMIANS APP
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 A construction estimate is used To judge tentatively or approximate value of the project None of these To decide an approximation of the value of the project and not the exact cost To produce a statement of the approximate cost To judge tentatively or approximate value of the project None of these To decide an approximation of the value of the project and not the exact cost To produce a statement of the approximate cost ANSWER DOWNLOAD EXAMIANS APP
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 appreciation Currency depreciation Currency float Currency devaluation Currency appreciation Currency depreciation Currency float Currency devaluation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 14.2 years 14.7 years 15.3 years 13.7 years 14.2 years 14.7 years 15.3 years 13.7 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied? Producer products Necessity Consumer products Luxury Producer products Necessity Consumer products Luxury ANSWER DOWNLOAD EXAMIANS APP