2. ABC Company sells used cars. For this month of January, they are selling 2 cars which was offered to him. He was going to purchase one car only and his plan was to keep it only for 2 years. Which car is a better buy if both of the cars are four years old? Consider the details below in deciding which Mr. Dela Cruz should buy. a. CAR A-It will be sold for Php250, 000.00, it uses 30 km/gallon of diesel, in good condition with new battery and tires, it is air-conditioned, and newly painted. b. CAR B - It will be sold for Php265, 000.00, it uses 40km/ gallon of diesel, in good condition and all power-generated car, it is air-conditioned and uses manual transmission

2. ABC Company sells used cars. For this month of January, they are selling 2 cars which was offered to him. He was going to purchase one car only and his plan was to keep it only for 2 years. Which car is a better buy if both of the cars are four years old? Consider the details below in deciding which Mr. Dela Cruz should buy. a. CAR A-It will be sold for Php250, 000.00, it uses 30 km/gallon of diesel, in good condition with new battery and tires, it is air-conditioned, and newly painted. b. CAR B - It will be sold for Php265, 000.00, it uses 40km/ gallon of diesel, in good condition and all power-generated car, it is air-conditioned and uses manual transmission

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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www SITUATION 2: Ricardo is short of money and still has bills to pay. He was offered by two lenders different ways to 'help' him. 21. If the first one offers to lend him P10,000 payable after one year, how much money will he pay if money is worth 12% annually? a, P10,200 c. P11,200 or a b. P12,000 ven d. P10,120 22. The second one offered to lend him P10,000 but that amount shall be deducted by the 10% interest first before finally giving him the amount. If he is obliged to pay the 10, 000 at the end of one year, what is the real effective interést in this kind of loan? nter a. 11.11% b. 10.10% C. 12.12% d. 10.00% 23. If he agrees to come in terms with the first company but negotiates to pay the amount by making payments once every 6 months, how much money shall he pay the first company semi-annually? a. P5,600 C. P5,500 road b, P5,466.59 oping d. P5,656.56 SITUATION 3: 344
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