A. 300
B. 360
C. 365
D. 366
✅ The correct answer is option B.
Engineering Economy MCQs
22. The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?
A. 3.90 %
B. 3.92 %
C. 3.95 %
D. 3.98 %
✅ The correct answer is option A.
23. One banker’s year is equivalent to ________________ days?
A. 300
B. 360
C. 365
D. 366
✅ The correct answer is option B.
24. What is the type of annuity where the payments are made at the end of each period starting from the first period ?
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity
✅ The correct answer is option A.
25. A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000?
A. 28.33 %
B. 29.17 %
C. 30.12 %
D. 30.78 %
✅ The correct answer is option B.
26. What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?
A. Bond
B. T-bills
C. Stock
D. Promissory note
✅ The correct answer is option A.
27. A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount ?
A. 3.67 %
B. 4.00 %
C. 4.15 %
D. 4.25 %
✅ The correct answer is option B.
28. What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects ?
A. Economic Analysis
B. Engineering cost analysis
C. Engineering economy
D. Design cost analysis
✅ The correct answer is option A.
29. 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 ?
A. P 7,654.04
B. P 7,731.29
C. P 7,420.89
D. P 7,590.12
✅ The correct answer is option B.
30. Using factor method, the depletion at any given year is equal to ?
A. Initial cost of property times number of unit sold during the year divided by the total units in property
B. Initial cost of property divided by the number of units sold during the year
C. Initial cost of property times number of units sold during the year
D. Initial cost of property divided by the total units in property
✅ The correct answer is option A.