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Title: Engineering Economics Pracice Problems
Description: Question and Answer with detailed solution
Description: Question and Answer with detailed solution
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Engineering Economics Practice Problems
1
...
How much will you
pay to your friend after 8 months?
Solution:
2
...
Cruz borrowed money from a loan firm at a simple interest of 10%
...
How much is the interest?
Solution:
3
...
At what rate is the buyer paying simple interest if he agrees to pay at the end
of 152 days?
Solution:
The amount of P17,500 will increase to an amount of P 22,200 for a period of 152 days
...
By the condition of a will, the sum of P 200,000 is left to a child to be held in a trust fund by her
father until it amounts to P 1,000,000
...
If the principal is P 124,860 and the future value is P 182,568, what is the value of the single
payment present worth factor?
Solution:
6
...
601 in5years
...
Find the nominal rate compounded continuously is equivalent to a nominal rate of 6%compounded
semiannually?
Solution:
8
...
What will be the final
amount of his investment, in terms of today’s peso, after 10 years assuming inflation at a rate of
8% remains the same within the 10 – year period?
Solution:
9
...
Mr
...
At the end of 1year, he
reinvested all (the principal and the interest) at 6 %compounded continuously for 1 year
...
An amount of P 300,000 is invested for 3 years at 5 % compounded continuously
...
The uninflated present worth of 3,000 in two years is 2,308
...
Compute the effective rate of interest of 15% compounded monthly
...
At what rate compounded continuously will money triple its amount in five years?
Solution:
15
...
Unable to make
payments for six months, you then write a letter of apology and enclose a check to pay your bill in
full
...
For what amount should
you write the check?
Solution:
16
...
The accrued amount now is P 347,054
...
A bill for a cellphone specifies the cost as P 25,400 due at the end of 100 days but offers a 4%
discount for cash in 24 days
...
It is a common practice in lending companies that the interest is deducted at the time money is
borrowed
...
Cruz applied a loan amount of P 50,000 with an interest rate of 16% per year
...
At the end of one year, Mr
...
What is the actual rate of interest?
Solution:
19
...
Solution:
20
...
Also,
p(x) = x2 + 10x is the price when the supply is x units
...
Solution:
Illustration:
Title: Engineering Economics Pracice Problems
Description: Question and Answer with detailed solution
Description: Question and Answer with detailed solution