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
8 years
7 eyars

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Engineering Economics
A construction estimate is used

To judge tentatively or approximate value of the project
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

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