Engineering Economics
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?

Perpetuity
Ordinary annuity
Deferred annuity
Annuity due

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Engineering Economics
Which is true about partnership?

It will be dissolved if one of the partners ceases to be connected with the partnership.
It has a perpetual life.
Its capitalization must be equal for each partner.
It can be handed down from one generation of partners to another.

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Engineering Economics
The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected?

P 19,518.03
P 19,122.15
P 19,624.49
P 19,423.69

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