Chemical Engineering Mcqs

Submitted By: Ali Uppal

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  • A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment ?
  • Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year ?
  • A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan ?
  • A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?
  • What bond whose security is a mortgage on certain specified assets of the corporation ?

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