Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Both (A) and (B)
Neither (A) nor (B)
Money is borrowed for n = 7 years
8% is the rate of interest per year

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Engineering Economics
Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ______ whichever is smaller.

Fixed percentage of gross income or 50% of the net taxable income
50% of the fixed percentage of gross income or the net taxable income
Fixed percentage of gross income or the net taxable income
50% of the fixed percentage of gross income or 50% of the net taxable income

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