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Engineering Economics

Engineering Economics
What is a government bond which has an indefinite life rather than a specific maturity?

Coupon
Debenture
T-bill
Consol

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Engineering Economics
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?

5690.12
5873.2
5937.5
5712.4

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Engineering Economics
What refers to the amount of a product made available for sale?

Supply
Good
Demand
Product

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Engineering Economics
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?

All of these
Perfect information and absence of all economic friction
Homogeneous product
Free market entry and exit

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Engineering Economics
What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?

Effective rate of interest
Compound interest
Nominal rate of interest
Simple interest

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Engineering Economics
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.

P19,100
P18,000
P18,900
P19,000

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