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? P54.66 P44.55 P 62.44 P37.56 P54.66 P44.55 P 62.44 P37.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%. P 9,308.45 P 9,358.41 P 9,250.00 P 9,228.45 P 9,308.45 P 9,358.41 P 9,250.00 P 9,228.45 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Under ordinary simple interest, how many days in one year? 366 365 300 360 366 365 300 360 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What type of bond which can be redeemed before maturity date? Registered bond Callable bond Preferred bond Incorporators bond Registered bond Callable bond Preferred bond Incorporators bond ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method P 3,927.27 P 3,729.27 P 3,279.27 P 3,792.72 P 3,927.27 P 3,729.27 P 3,279.27 P 3,792.72 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 16.32 % 16.28 % 16.02 % 16.47 % 16.32 % 16.28 % 16.02 % 16.47 % ANSWER DOWNLOAD EXAMIANS APP
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