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Engineering Economics

Engineering Economics
What is used to record historical financial transactions?

Ledger system
General journal system
Balance check
Bookkeeping system

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Engineering Economics
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?

P44.55
P 62.44
P37.56
P54.66

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Engineering Economics
What is the factor name of the formula (1+i)^-n?

Capital recovery
Single payment compound amount
Single payment present worth
Uniform gradient future worth

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

300
366
365
360

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Engineering Economics
Probabilistic estimating of a construction project includes:

Labour
All of these
Productivity
Wage scale

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Engineering Economics
The construction manager uses the estimate of the project

All of these
To develop bids on the project
To control the project during its construction
To tell the owner of the project to take his/her financial decision

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