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Engineering Economics

Engineering Economics
Salvage value is sometimes known as ______.

Scrap value
Going value
Second-hand value
Junk value

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Engineering Economics
What refers to the present worth of cost associated with an asset for an infinite period of time?

Increment cost
Annual cost
Capitalized cost
Operating cost

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Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Discount
Depletion
Inflation
Deduction

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Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

P 7,420.89
P 7,654.04
P 7,731.29
P 7,590.12

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Engineering Economics
A uniform series of payment occurring at equal interval of time is called ______.

Annuity
Bond
Amortization
Depreciation

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Engineering Economics
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?

P702.15
P705.42
P700.12
P693.12

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