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

To compute target estimate for the owner while drawing and specifications are in initial stage
To check quotations from contractors and/or sub-contractors
To have a check on a definitive cost estimate
All of these

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?

16.28 %
16.32 %
16.47 %
16.02 %

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same.

1,040 feet
1,100 feet
1,000 feet
1,120 feet

ANSWER DOWNLOAD EXAMIANS APP