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Engineering Economics

Engineering Economics
Probabilistic estimating of a construction project includes:

All of these
Labour
Wage scale
Productivity

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Engineering Economics
A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment?

P 2,504.57
P 2,540.56
P 2,544.45
P 2,500.57

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Engineering Economics
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

(1 + i)n
(1 + i)(1/2n)
√(n + i)
None of these

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Engineering Economics
What is the basic accounting equation?

Owner’s equity = liability – assets
Owner’s equity = assets + liability
Liability = assets + owners’ equity
Assets = liability + owner’s equity

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Engineering Economics
What are the common methods of computing depletion charge?

Conservative method and conventional method
Discrete method and depletion allowance method
Unit method and percentage method
Rational method and irrational method

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Engineering Economics
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

P1,459.64
P1,549.64
P1,945.64
P1,345.98

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