Chemical Engineering Mcqs


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  • Which of these gives the lowest effective rate of interest ?
  • What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly ?
  • What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days______________?
  • A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually ?
  • A man loans P 187,400 from a bank with interest at 5% compounded annually. He agrees to pay his obligations by paying 8 equal annual payments, the first being due at the end of 10 years. Find the annual payments ?

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