Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Sinking Fund Annuity is availed
Sinking Fund Annuity is availed
Capital Recovery Annuity fs availed
Present work Annuity is availed

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Engineering Economics
A construction estimate is used

None of these
To judge tentatively or approximate value of the project
To decide an approximation of the value of the project and not the exact cost
To produce a statement of the approximate cost

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