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ENGINEERING ECONOMICS QUIZ

If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:

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Both architect and engineer make use of the cost estimate of the project:

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What refers to the claim of anyone to ownership?

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If there is only one seller and many buyers, the market situation is ________ .

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The construction manager uses the estimate of the project

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A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

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What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied?

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The construction estimate of a project is used by:

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Pick up the correct method adopted for developing the approximate or conceptual estimates from the following:

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The flow back of profit plus depreciation form a given project is called ______.

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