Civil Engineering MCQs

Page No. 65

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 % ?


aP 727.17


b P 717.17


c P 714.71


dP 731.17


View Answer P 717.17

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.


aThe construction of the building now to cost P 400,000


bThe 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.


cP 19,122.15


d P 19,624.49


View Answer P 19,624.49

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 ?


aP 15,030.03


bP 20,113.57


cP 18,289.05


dP 16,892.34


View Answer P 15,030.03

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 ?


aP 3,260.34


b P 3,280.34


cP 3,270.34


dP 3,250.34


View Answer P 3,260.34

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%?


aP 150.56


bP 152.88


c P 153.89


dP 151.09


View Answer P 152.88

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 ?


a P 62.44


b P44.55


cP54.66


dP37.56


View Answer P54.66

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% ?


aP1,549.64


bP1,459.64


cP1,345.98


d P1,945.64


View Answer P1,549.64

Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?


aMonthly


bBimonthly


cQuarterly


dAnnually


View Answer Quarterly

A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.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 ?


aP693.12


bP700.12


cP702.15


dP705.42


View Answer P705.42

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 ?


a11.23 years


b11.46 years


c11.57 years


d11.87 years


View Answer 11.57 years

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