Engineering Economics
What are the common methods of computing depletion charge?

Rational method and irrational method
Discrete method and depletion allowance method
Conservative method and conventional method
Unit method and percentage method

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Engineering Economics
Which is NOT an essential element of an ordinary annuity?

Compound interest is paid on all amounts in the annuity.
The first payment is made at the beginning of the first period.
The amounts of all payments are equal.
The payments are made at equal interval of time.

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