What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ? September 7, 2025 by Admin A. Return of investment B. Interest rate C. Yield D. Rate of return ✅ The correct answer is option B.
How long will it take money to double itself if invested at 5% compounded annually ? September 7, 2025 by Admin A. 13.7 years B. 14.7 years C. 14.2 years D. 15.3 years ✅ The correct answer is option C.
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 % ? September 7, 2025 by Admin A. P 727.17 B. P 717.17 C. P 714.71 D. P 731.17 ✅ The correct answer is option B.
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest ? September 7, 2025 by Admin A. 23.5 % B. 24.7 % C. 25.0 % D. 25.8 % ✅ The correct answer is option C.
What is the factor name of the formula (1+i)^-n ? September 7, 2025 by Admin A. Uniform gradient future worth B. Capital recovery C. Single payment present worth D. Single payment compound amount ✅ The correct answer is option C.
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1] ? September 7, 2025 by Admin A. Uniform series sinking fund B. Capital recovery C. Single payment present worth D. Uniform gradient future worth ✅ The correct answer is option B.
What refers to the present worth of cost associated with an asset for an infinite period of time ? September 7, 2025 by Admin A. Annual cost B. Increment cost C. Capitalized cost D. Operating cost ✅ The correct answer is option C.
What is considered as the standard unit which forms the basis of a country’s domestic money supply ? September 7, 2025 by Admin A. Monetary unit B. Currency C. Foreign exchange D. Cash or check ✅ The correct answer is option C.
What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually ? September 7, 2025 by Admin A. P 1,290.34 B. P 1,185.54 C. P 1,107.34 D. P 1,205.74 ✅ The correct answer is option B.
Oligopoly exists when there is/are _______________? September 7, 2025 by Admin A. Few sellers and few buyers B. Few sellers and many buyers C. Many sellers and few buyers D. One seller and few buyers ✅ The correct answer is option C.