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Engineering Economics

Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Rate of interest
Principal
Simple interest
Interest

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Engineering Economics
By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly?

11.23 years
11.87 years
11.57 years
11.46 years

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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 6,999.39
P 6,292.93
P 6,922.93

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Engineering Economics
Which method is adopted to develop an approximate or conceptual estimate for perimeter works for buildings from the following?

Cost per linear metre method
Base unit method
Cost per square metre method
Cost per function method

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Engineering Economics
What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled?

Preferred stock
Authorized capital stock
Common stock
Incorporator stock

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Engineering Economics
What is considered as the standard unit which forms the basis of a country’s domestic money supply?

Cash or check
Monetary unit
Foreign exchange
Currency

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