Simple Interest | Ordinary Simple Interest | Exact Simple Interest | Engineering Economy | Engr Abat

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This is a video lecture all about computing simple interest. Several examples are solved in this video.

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#AbatAndChill

[abetutorials]

Sir just for correction. I think there's an error on solution number 2, though the answer is correct. March and May has 31 days while there are only 30 days on April.🙂 Correct me if I'm wrong...

[lykajanesalazar]

Hello, can you please enlighten me? Thank you. May quiz po kasi ako about dito bukas. Sa number 7, pano po siya nasasabing leap year if walang nakaindicate na year? Thank you so much for the response

[laramaibanasan]

Sir anong year po yung number seven wala po kasing year na nakalagay pano po malalaman if leap year siya or ordinary year lang po

[waynemoraga]

Thank you sir sa bagong kaalaman!!! sakto pang review sa exam #AbatAndChill

[joemeldakay]

Hi sir, do we still use 366 days for exact interest even if the period falls after February 29 like from March 1 to December 31? Thank you.

[bryanreyaquinomagat]

I=(P5000)(0.22)(318/366)= 955.7377049 or 955.74 😊 1992 is a leap year so it is 29 days po😇 exclude January 15 it is equivalent to 16 days po.

[allenmanlapaz]

Ask ko lang po kung anong reference book gamit nyo sa Engineering Economics?

[markanthonyagudo]

Sir suggestion lang po baka pd nyo pong isama ang journal note nyo sa description para ma download namin hehe

[jhayrhex]

A company purchased for a cash price 800, 000 A machine which is estimated to have salvage value of 80, 000 at the end of its 15 years economic life. How much was yearly deposit must the company deposit in a sinking fund that will pay 12% interest compounded yearly, to accumulate the needed fund to purchase a new machine at the end of the 15th year economic life of the machine purchased a new machine will cost 50% more by that time.

Hello po pwede po malaman ang formula po nito?

[refaidiro]

I got 952.73 😣 I hope you show me your solution

[podaderaanamarie]

Dapat 293 days Kasi include na Yung 10 sa pag count

[ajgayle]

March po ay 31 while april is 30, May is 31

[johnang]

Hello Engineer patulong po ako sa Engineering Economy Problem.

Problem:
The bank pays one percent interest on savings accounts four times a year. the effective annual interest rate is

A. 4.06%
B. 1.00%
C. 2.04%
D. 3.36%