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%.

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

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Engineering Economics
A construction estimate is used

To decide an approximation of the value of the project and not the exact cost
None of these
To produce a statement of the approximate cost
To judge tentatively or approximate value of the project

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Engineering Economics
Each financial ratio is generally compared by

A ratio of some selected firms most progressive and successful at the point of consideration
All of these
A past ratio calculated from the past financial standard of the firm
A ratio developed by using the projected financial statement of the firm

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