What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %? P 727.17 P 731.17 P 717.17 P 714.71 TRUE ANSWER : ? YOUR ANSWER : ?
Salvage value is sometimes known as ______. Going value Junk value Scrap value Second-hand value TRUE ANSWER : ? YOUR ANSWER : ?
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%. P1,945.64 P1,345.98 P1,549.64 P1,459.64 TRUE ANSWER : ? YOUR ANSWER : ?
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.? Equipment obligation bond Equipment bond Railroad bond Equipment trust bond TRUE ANSWER : ? YOUR ANSWER : ?
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,000,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,025,000.00 TRUE ANSWER : ? YOUR ANSWER : ?
The process of determining the value or worth of a physical property for specific reason is called ______. Investment Valuation Economy Depletion TRUE ANSWER : ? YOUR ANSWER : ?
Which of these gives the lowest effective rate of interest? 11.60 % compounded annually 12.20 % compounded annually 12.35 % compounded annually 11.90 % compounded annually TRUE ANSWER : ? YOUR ANSWER : ?
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security? Office Store Mall Market TRUE ANSWER : ? YOUR ANSWER : ?
The project contractor relies on the cost of the estimate: For preparation of a definitive estimate to help negotiate contract All of these For a unit price contract For submission of a competitive bid for a lump-sum contract TRUE ANSWER : ? YOUR ANSWER : ?
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? P705.42 P700.12 P693.12 P702.15 TRUE ANSWER : ? YOUR ANSWER : ?