Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Commodities Services Goods Goods or commodities Commodities Services Goods Goods or commodities ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? Declining balance method Sinking fund method Sum-of-year digit method Straight line method Declining balance method Sinking fund method Sum-of-year digit method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The construction manager uses the estimate of the project To control the project during its construction To develop bids on the project All of these To tell the owner of the project to take his/her financial decision To control the project during its construction To develop bids on the project All of these To tell the owner of the project to take his/her financial decision ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually. P 1,107.34 P 1,185.54 P 1,205.74 P 1,290.34 P 1,107.34 P 1,185.54 P 1,205.74 P 1,290.34 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Capital recovery Uniform series sinking fund Single payment present worth Uniform gradient future worth Capital recovery Uniform series sinking fund Single payment present worth Uniform gradient future worth ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The interest calculated on the basis of 365 days a year, is known as: Ordinary simple interest None of these Exact simple interest Interest Ordinary simple interest None of these Exact simple interest Interest ANSWER DOWNLOAD EXAMIANS APP
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