Answer the 2nd bullet point only (Engineering Economics) s.com/les/3056044/5CORM_51508648/res/index.ttral• You borrow Php 5,000 today and must repay a total ofPhp 4,500 exactly 1 year later. What is the interestamount and the interest rate paid?Calculate the amount deposited 1 year ago to haveP75 now at an interest rate of 25% per year. Also,calculate the amount of interest earned during thistime period.Property of STIIT2007Weeks 3( PREV20カひ 9 m

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Answered: • Calculate the amount deposited 1 year…

• Calculate the amount deposited 1 year ago to have P75 now at an interest rate of 25% per year. Also, calculate the amount of interest earned during this time period.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Answer the 2nd bullet point only (Engineering Economics)

s.com/les/3056044/5CORM_51508648/res/index.ttral
• You borrow Php 5,000 today and must repay a total of
Php 4,500 exactly 1 year later. What is the interest
amount and the interest rate paid?
Calculate the amount deposited 1 year ago to have
P75 now at an interest rate of 25% per year. Also,
calculate the amount of interest earned during this
time period.
Property of STI
IT2007
Weeks 3
( PREV
20カひ 9 m

Application of economic techniques to the evaluation of design and engineering alternatives. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.

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