Engineering Economics How long will it take money to double itself if invested at 5% compounded annually? 13.7 years 14.7 years 15.3 years 14.2 years 13.7 years 14.7 years 15.3 years 14.2 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Proprietorship Corporation Partnership Entrepreneurship Proprietorship Corporation Partnership Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
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. 10 years 7 eyars 8 years 9 years 10 years 7 eyars 8 years 9 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: (1 + ni) None of these ni (ni - 1) (1 + ni) None of these ni (ni - 1) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,000,000.00 $ 5,010,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,000,000.00 $ 5,010,000.00 $ 5,050,000.00 $ 5,025,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Annual cost Operating cost Increment cost Capitalized cost Annual cost Operating cost Increment cost Capitalized cost ANSWER DOWNLOAD EXAMIANS APP