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Engineering Economics Midterm Exams

This document provides instructions and problems for a midterm examination in engineering economics. Students are asked to solve 6 problems dealing with topics like simple and compound interest rates, present and future values, and payment schedules. They are instructed to show their work, keep their solutions clear, and use bond paper. The problems cover calculating interest on loans, determining time for an investment to accumulate to a target amount, effective interest rates, and loan payments over 5 years with a monthly payment amount.

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Greg Garcia
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307 views

Engineering Economics Midterm Exams

This document provides instructions and problems for a midterm examination in engineering economics. Students are asked to solve 6 problems dealing with topics like simple and compound interest rates, present and future values, and payment schedules. They are instructed to show their work, keep their solutions clear, and use bond paper. The problems cover calculating interest on loans, determining time for an investment to accumulate to a target amount, effective interest rates, and loan payments over 5 years with a monthly payment amount.

Uploaded by

Greg Garcia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ENGINEERING ECONMICS

Midterm Examination

Instructions:
1. Solve the following problems stated below. Use your calculator.
2. Get the known and unknown quantities. Show your solutions for each problem.
(No Solution, No Score).
3. Make you solutions clean and clear.
4. Use bond papers.

Problem 1
What is the present amount of P50,000 which is due at the end of six months if a
man borrow money from the lending company at 12.50% simple interest ?

Problem 2
How many years will it take for P50,000 which is invested at 8% interest
compounded semi-annually to accumulate to P90,000 ? Draw the CFD.

Problem 3
In Problem 2, determine the Effective Rate of interest.

Problem 4
You are applied a package deal car loan with a present amount of P578,335.
Determine the accumulated amount after or at the end of 5 years if you are required
to pay P12,251 monthly. Draw the CFD.

Problem 5
In Problem 4, if compounded monthly, determine the nominal rate of interest.

Problem 6
If money borrowed today is to be paid in 6 equal payments at the end of six years
and the rate of interest is 12% compounded semi-annually, determine the amount of
borrowed money if yearly payment is P2,000. Draw the CFD.

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