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Engineering Economics

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

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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

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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

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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)

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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

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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

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