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Engineering Economics

Engineering Economics
What is used to record historical financial transactions?

Bookkeeping system
Ledger system
Balance check
General journal system

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Engineering Economics
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?

Single payment present worth
Uniform series sinking fund
Capital recovery
Uniform gradient future worth

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Engineering Economics
What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset?

After-tax recovery
Depreciation recovery
Asset recovery
Period recovery

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Engineering Economics
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.

0.1232
0.1208
0.1189
0.12

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Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

$ 5,010,000.00
$ 5,050,000.00
$ 5,000,000.00
$ 5,025,000.00

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Engineering Economics
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

0.0395
0.039
0.0398
0.0392

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