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 727.17
P 731.17
P 714.71
P 717.17

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Engineering Economics
Using factor method, the depletion at any given year is equal to:

Initial cost of property times number of unit sold during the year divided by the total units in property
Initial cost of property divided by the total units in property
Initial cost of property times number of units sold during the year
Initial cost of property divided by the number of units sold during the year

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