Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Economic return Effective interest Nominal interest Expected return Economic return Effective interest Nominal interest Expected return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to meet debts as they become due is known as ______. Insolvency Liquidity Leverage Solvency Insolvency Liquidity Leverage Solvency 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 0.1373 0.1346 0.1332 0.1315 0.1373 0.1346 0.1332 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0824 0.0812 0.0816 0.0807 0.0824 0.0812 0.0816 0.0807 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Annuities involve: Payment at equal time intervals A series of payments All payments of equal amount All of these Payment at equal time intervals A series of payments All payments of equal amount All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money? 0.0931 0.0914 0.0901 0.0941 0.0931 0.0914 0.0901 0.0941 ANSWER DOWNLOAD EXAMIANS APP