Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Deflation Depletion Depreciation Inflation Deflation Depletion Depreciation Inflation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A project construction cost estimate includes: All of these The equipment and over head cost The labour and material cost The profit of the contractor All of these The equipment and over head cost The labour and material cost The profit of the contractor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is Rs. 4413 Rs. 4826 Rs. 4225 Rs. 3415 Rs. 4413 Rs. 4826 Rs. 4225 Rs. 3415 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1647 0.1602 0.1632 0.1628 0.1647 0.1602 0.1632 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method P 3,792.72 P 3,729.27 P 3,927.27 P 3,279.27 P 3,792.72 P 3,729.27 P 3,927.27 P 3,279.27 ANSWER DOWNLOAD EXAMIANS APP
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