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

5050000

5025000

5010000

5000000

5050000

5025000

5010000

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Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

23.5 %

24.7 %

25.8 %

25.0 %

23.5 %

24.7 %

25.8 %

25.0 %

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P18,000

P19,100

P18,900

P19,000

P18,000

P19,100

P18,900

P19,000

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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

Increment cost

Capitalized cost

Operating cost

Annual cost

Increment cost

Capitalized cost

Operating cost

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Engineering Economics
A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

P 143,104.89

P 142,999.08

P 143,999.08

P 142,189.67

P 143,104.89

P 142,999.08

P 143,999.08

P 142,189.67

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

To check quotations from contractors and/or sub-contractors

To compute target estimate for the owner while drawing and specifications are in initial stage

All of these

To have a check on a definitive cost estimate

To check quotations from contractors and/or sub-contractors

To compute target estimate for the owner while drawing and specifications are in initial stage

All of these

To have a check on a definitive cost estimate

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Engineering Economics

Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time?

Engineering Economics A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

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

Engineering Economics
What refers to the present worth of cost associated with an asset for an infinite period of time?

Engineering Economics
A person buys a piece of lot for P 100,000 downpayment and 10 deferred semi-annual payments of P 8,000 each, starting three years from now. What is the present value of the investment if the rate of interest is 12% compounded semi-annually?

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