Engineering Economics
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

P1,945.64
P1,459.64
P1,549.64
P1,345.98

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Engineering Economics
The key to profitable operation for project cost control, is:

To keep the project cost within the cost budget and knowing when and where job costs are deviating
None of these
To keep the project cost equal to subsequent construction budget
To keep the project cost equal to original cost estimate

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