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 2,544.45
P 2,500.57
P 2,504.57

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Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.
It has a perpetual life.
It can be handed down from one generation of partners to another.
It will be dissolved if one of the partners ceases to be connected with the partnership.

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