Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

P 7,590.12
P 7,420.89
P 7,654.04
P 7,731.29

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Engineering Economics
Which is true about corporation?

The stock holders of the corporation are only liable to the extent of their investments.
Its life is dependent on the lives of the incorporators.
It is worse type of business organization.
The minimum number of incorporators to start a corporation is three.

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

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

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