Engineering Economics - Study Mode
[#141] A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.
Correct Answer
(B) 11.75 %
[#142] 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.
Correct Answer
(D) 10.29 %
[#143] What bond whose security is a mortgage on certain specified assets of the corporation?
Correct Answer
(C) Mortgage bond
[#144] In the cash-flow diagram shown in the given figure
Correct Answer
(D) All of these
[#145] In the cash flow diagram shown in the given figure
Correct Answer
(D) All of these