Chemical Engineering Plant Economics
In declining balance method of depreciation calculation, the

Value of the asset decreases linearly with time
Annual depreciation is the fixed percentage of the property value at the beginning of the particular year
Annual cost of depreciation is same every year
None of these

ANSWER DOWNLOAD EXAMIANS APP

Chemical Engineering Plant Economics
Payback period

And economic life of a project are the same
Is affected by the variation in earnings after the recovery of the investment
Is the length of time over which the earnings on a project equals the investment
All of these

ANSWER DOWNLOAD EXAMIANS APP