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Engineering Economics

Engineering Economics
A uniform series of payment occurring at equal interval of time is called ______.

Depreciation
Annuity
Bond
Amortization

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Engineering Economics
One banker’s year is equivalent to ______ days.

366
360
300
365

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Engineering Economics
Aside from many sellers and many buyers, which one is a characteristic of perfect competition?

Perfect information and absence of all economic friction
Homogeneous product
All of these
Free market entry and exit

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Engineering Economics
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.

9 years
10 years
7 eyars
8 years

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

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Engineering Economics
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

Rs. 6638
None of these
Rs. 7738
Rs. 5638

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