Engineering Economy

Welcome to your Engineering Economy  MCQ practice assessment.

Click NEXT   to start.

A market whereby there is only one buyer of an item for when there are no goods substitute

A man bought an equipment costing P30,000 payable in 12 quarterly payments, each installment payable at the beginning of each period. The rate of interest is 24% compounded quarterly. What is the amount of each payment

What is the effective rate of interest if P1000 is invested at a nominal rate of 15% compounded quarterly?

A market situation in which two competing buyers exert controlling influence over many sellers

The simplest form of business organization wherein the business is own entirely by one person

A written contract by a debtor to pay final redemption value on an indicated date or maturity date and pay a certain sum periodically.

The simplest form of business organization where in the business is own entirely by one person

It is the worth of a property as recorded in the book of an enterprise

A man purchased a house for P425,000. In the first month that he owned the house, he spent P75,000 on repairs and remodeling. Immediately after the house was remodeled, he was offered P545,000 to sell the house. After some consideration, he decided to keep the house and have it rented for P4,500 per month starting two months after the purchase. He collected rent for 15 months and then sold the house for P600,000. if the interest rate was 1.5% per month, how much extra money did he make or lose by not selling the house immediately after it was remodeled

Reduction in the level of nation income and output usually accompanied by a fall in the general price level

Parties whose consent or signature in a contract is not considered intelligent

The difference between the present value and the worth of money at some time in the future is called

A market situation where there is one seller and buyer

These are products or services that are required to support human life and activities that will be purchased in somewhat the same quantity event though the price varies considerably

The addition cost of producing one more unit is

The condition in which the total income equals the total operating expenses

Determination of the actual quantity of the materials on hand as of a given date

The place where buyers and sellers come together.

How much do ten P2000 quarterly payments amount at present if the interest rate is 10% compounded quarterly

These are products or services that are desired by human and will be purchased if money is available after the required necessities have been obtained

Leave a Reply