Engineering Economics
What is the present worth of a P500 annuity starting at the end of the third year and continuing to the end of the fourth year, if the annual interest rate is 10 %?

P 714.71
P 727.17
P 717.17
P 731.17

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Engineering Economics
Pick up the correct statement regarding financial statement analysis from the following.

The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
All listed here
The income statement is the summary of revenues and expenses of a firm over a particular period of time
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement

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Engineering Economics
Which one of the following questions is relevant to the construction estimates?

All of these
Did the estimators precisely evaluate site conditions
Did the estimators use short cut methods which may be unrealistic in their situation
How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost

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Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the knowledge of the product
the single vendor can prevent the entry of all other vendors in the market
the single vendor is the only one who has the permit to sell
the single vendor gets the absolute franchise of the product

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Engineering Economics
A construction estimate is used

None of these
To decide an approximation of the value of the project and not the exact cost
To judge tentatively or approximate value of the project
To produce a statement of the approximate cost

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