Engineering Economics
Capitalized cost of any structure or property is computed by which formula?

First cost + cost of perpetual maintenance
First cost + interest of first cost
Annual cost – interest of first cost
First cost + salvage value

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Engineering Economics
Pick up the correct reason for making conceptual (or preliminary) estimate from the following:

To have a check on a definitive cost estimate
To compute target estimate for the owner while drawing and specifications are in initial stage
All of these
To check quotations from contractors and/or sub-contractors

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