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ENGINEERING ECONOMICS QUIZ

If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

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What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?

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Under ordinary simple interest, how many days in one year?

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Which of these gives the lowest effective rate of interest?

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Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?

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What refers to the need, want or desire for a product backed by the money to purchase it?

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Lands, buildings, plants and machineries are example of what type of asset?

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A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

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Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

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What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?

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