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ENGINEERING ECONOMICS QUIZ

What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?

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Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is

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Double taxation is a disadvantage of which business organization?

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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.

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Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

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What is the market situation exist when there are many buyers and many sellers?

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What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?

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What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry?

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What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?

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The price at which the callable bond will be redeemed from the bondholder is called ______.

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