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Engineering Economics

Engineering Economics
Salvage value is sometimes known as ______.

Second-hand value
Scrap value
Junk value
Going value

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Engineering Economics
The person desires to pay off the amount in 10 equal annual instalments. The amount of each installment is:

Rs. 7738
Rs. 6638
None of these
Rs. 5638

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Engineering Economics
One banker’s year is equivalent to ______ days.

365
360
366
300

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Engineering Economics
A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount?

0.0425
0.0367
0.0415
0.04

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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.

$ 5,050,000.00
$ 5,025,000.00
$ 5,000,000.00
$ 5,010,000.00

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Engineering Economics
Probabilistic estimating of a construction project includes:

Productivity
Wage scale
Labour
All of these

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