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 float Currency devaluation Currency depreciation Currency appreciation Currency float Currency devaluation Currency depreciation Currency appreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n (1 + i/n)m (1 + i/n)1/m (1 + i/m)n (1 + i/m)1/n (1 + i/n)m ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Declining balance method Sum-of-year digit method Sinking fund method Straight line method Declining balance method Sum-of-year digit method Sinking fund method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.235 0.25 0.258 0.247 0.235 0.25 0.258 0.247 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following: Activity ratio Financial leverage ratio Liquidity ratio None of these Activity ratio Financial leverage ratio Liquidity ratio None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan? P 6,222.39 P 6,292.93 P 6,999.39 P 6,922.93 P 6,222.39 P 6,292.93 P 6,999.39 P 6,922.93 ANSWER DOWNLOAD EXAMIANS APP