Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Inflation Deflation Depreciation Depletion Inflation Deflation Depreciation Depletion ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,100.00 P 2,300.00 P 2,200.00 P 2,000.00 P 2,100.00 P 2,300.00 P 2,200.00 P 2,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? 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 Capital recovery ANSWER DOWNLOAD EXAMIANS APP
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. $ 5,000,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,025,000.00 $ 5,010,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment? 0.037 0.03 0.04 0.034 0.037 0.03 0.04 0.034 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1632 0.1628 0.1602 0.1647 0.1632 0.1628 0.1602 0.1647 ANSWER DOWNLOAD EXAMIANS APP