Engineering Economics Which is true about corporation? The minimum number of incorporators to start a corporation is three. Its life is dependent on the lives of the incorporators. The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. The minimum number of incorporators to start a corporation is three. Its life is dependent on the lives of the incorporators. The stock holders of the corporation are only liable to the extent of their investments. It is worse type of business organization. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 0.247 0.235 0.25 0.258 0.247 0.235 0.25 0.258 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest. 0.1203 0.1029 0.1154 0.1219 0.1203 0.1029 0.1154 0.1219 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. Compound interest is paid on all amounts in the annuity. The amounts of all payments are equal. The first payment is made at the beginning of the first period. The payments are made at equal interval of time. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The true value of interest rate computed by equations for compound interest for a 1 year period is known as ______. Expected return Nominal interest Effective interest Economic return Expected return Nominal interest Effective interest Economic return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The depletion allowance method of computing depletion is commonly known as ______. Unit method Factor method Percentage method Sinking fund method Unit method Factor method Percentage method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
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