Engineering Economics - Study Mode
[#161] What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation?
Correct Answer
(A) Bond
[#162] In case of bankruptcy of a partnership,
Correct Answer
(B) The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities
[#163] A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?
Correct Answer
(D) P705.42
[#164] What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community?
Correct Answer
(B) Benefit-cost ratio
[#165] How long will it take money to double itself if invested at 5% compounded annually?
Correct Answer
(C) 14.2 years