MCQs: An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: How long will it take money to double itself if invested at 5% compounded annually ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

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

MCQs: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.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 ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10% ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

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: TCode Scripts

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: TCode Scripts

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
