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A company can manufacture a product using hand tools. Tools will cost $1,000, and the manufacturing cost per unit will be $1.50. As an alternative, an automated system will cost $15,000 with a manufacturing cost per unit of $0.50. With an anticipated annual volume of 5,000 units and neglecting interest, the break-even point (years) is most nearly:

(A) 2.0

(B) 2.8

(C) 3.6

(D) 15.0

The Correct Answer
Explanation

Your credit card has a nominal interest rate of 18%. If the interest is calculated monthly, what is the effective annual rate?

(A)19.0% (B) 18.5% (C) 19.6% (D) 20.1%

Correct Answer: C

What is the elongation of a 2 meter aluminum bar when it has been stressed to 512 MPa? (E = 69 GPa)?

(A) 1.5 cm (B) 2.0 cm (C) 1.0 cm (D) 1.7 cm

Correct Answer: A

A copper ball that is 1.5 m in diameter has a temperature of 100C. The environment is at 0C. If the emissivity of copper is 0.15 how much power is radiated by the copper ball?

(A) 6 w (B) 5,264 W (C) 500 W (D) 1,164 W

Correct Answer: D

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