Engineering Economics
In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?

P 16,892.34
P 20,113.57
P 18,289.05
P 15,030.03

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Engineering Economics
A construction estimate is used

To decide an approximation of the value of the project and not the exact cost
None of these
To judge tentatively or approximate value of the project
To produce a statement of the approximate cost

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

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

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