Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

P 231.56
P 212.90
P 222.67
P 236.20

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Engineering Economics
Which is true about partnership?

It has a perpetual life.
Its capitalization must be equal for each partner.
It will be dissolved if one of the partners ceases to be connected with the partnership.
It can be handed down from one generation of partners to another.

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