Engineering Economy Mcqs

Q.  By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly ?

a. 11.23 years
b. 11.46 years
c. 11.57 years
d. 11.87 years


ANSWER: See Answer
 
No explanation is available for this question!
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What refers to a document that shows proof of legal ownership of a financial security ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What type of bond is issued jointly by two or more corporations ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ____________________?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What type of bond where the corporation’s owner name are recorded and the interest is paid periodically to the owners with their asking for it ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  What type of bond which can be redeemed before maturity date ?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
MCQs:  The price at which the callable bond will be redeemed from the bondholder is called ____________________?
Category: Civil Engineering Mcqs,   Published by: T-Code Scripts
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Category: Civil Engineering Mcqs,   Published by: T-Code Scripts