Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

P 236.20
P 212.90
P 222.67
P 231.56

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Engineering Economics
In a cash flow series:

All of these
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
The gradient in the cash flow may be positive or negative
Either an increase or decrease in the amount of a cash flow is called the gradient

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