MCQs: You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank ?
Category: Civil Engineering Mcqs, Published by: teswesm
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MCQs: What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%?
Category: Civil Engineering Mcqs, Published by: teswesm
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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: teswesm
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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: teswesm
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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: teswesm
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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: teswesm
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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: teswesm
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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: teswesm
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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: teswesm
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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: teswesm
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MCQs: A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual 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 semi-annually ?
Category: Civil Engineering Mcqs, Published by: teswesm
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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: teswesm
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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: teswesm
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MCQs: A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment ?
Category: Civil Engineering Mcqs, Published by: teswesm
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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: teswesm
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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: teswesm
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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 ?
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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: teswesm
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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 sum-of-years digit method____________________?
Category: Civil Engineering Mcqs, Published by: teswesm
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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: teswesm
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