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

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Engineering Economics
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:

To compute target estimate for the owner while drawing and specifications are in initial stage
All of these
To have a check on a definitive cost estimate
To check quotations from contractors and/or sub-contractors

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