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.

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.

5000000

5025000

5010000

5050000

5000000

5025000

5010000

5050000

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Engineering Economics
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Ordinary annuity

Perpetuity

Deferred annuity

Annuity due

Ordinary annuity

Perpetuity

Deferred annuity

Annuity due

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Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Sinking Fund Annuity is availed

Capital Recovery Annuity fs availed

Present work Annuity is availed

Sinking Fund Annuity is availed

Capital Recovery Annuity fs availed

Present work Annuity is availed

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Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Interest

Principal

Simple interest

Rate of interest

Interest

Principal

Simple interest

Rate of interest

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Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Depletion

Deflation

Inflation

Depreciation

Depletion

Deflation

Inflation

Depreciation

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Engineering Economics
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

0.0398

0.0392

0.039

0.0395

0.0398

0.0392

0.039

0.0395

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Engineering Economics

Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Engineering Economics If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Engineering Economics What refers to the amount of money paid for the use of borrowed capital?

Engineering Economics What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Engineering Economics The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

Engineering Economics
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Engineering Economics
If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:

Engineering Economics
What refers to the amount of money paid for the use of borrowed capital?

Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Engineering Economics
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?