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Engineering Economics

Engineering Economics
What type of bond is issued jointly by two or more corporations?

Joint bond
Trust bond
Mortgage bond
Tie-up bond

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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 6,999.39
P 6,222.39
P 6,922.93
P 6,292.93

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Engineering Economics
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?

Time value of money
Yield
Interest rate
Present worth factor

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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
Simple interest
Compound interest
Nominal rate of interest

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Engineering Economics
What is a secondary book of accounts, the information of which is obtained from the journal is called?

Worksheet
Balanced sheet
Ledger
Trial balance

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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?

Authorized capital stock
Incorporator stock
Common stock
Preferred stock

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