MCQs: A firm borrows P2,000 for 6 years at 8%. At the end of 6 years, it renews the loan for the amount due plus P2,000 more for 2 years at 8%. What is the lump sum due ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are below.
1. The construction of the building now to cost P 400,000
2. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.
By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 % ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A person buys a piece of lot for P 100,000 downpayment and 10 deferred semiannual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semiannually ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A P 1,000,000 issue of 3%, 15year bond was sold at 95%. What is the rate of interest of this investment ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: 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 sumofyears digit method____________________?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: 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%?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 _________________?
Category: Civil Engineering Mcqs, Published by: TCode Scripts
