5. In five years P18,000 will be bedded to pay for a building renovation. In order to generate this sum an annuity consisting of three annual payments is established now. What payment is necessary if money is worth 15% annually a. P 3919.53 b. P3567.89 c. P4000 O d. 4320.55 O e. None of the above

5. In five years P18,000 will be bedded to pay for a building renovation. In order to generate this sum an annuity consisting of three annual payments is established now. What payment is necessary if money is worth 15% annually a. P 3919.53 b. P3567.89 c. P4000 O d. 4320.55 O e. None of the above

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Engineering Economics Principles

Engineering economics (engineering economy) is a sub-field of economics to study the use and application of the economic principles in the engineering analysis of decisions along with the systematic evaluation of the advantages of project costs inclusive of engineering design and analysis. It emphasizes microeconomics (a subset of economics) for researching the behavior of people in the decision-making process of assigning and determining multiple alternatives to the usage of some of the restrained resources and merging economic theory and engineering practice in a practical manner. It depicts the logical framework of economics in addition to the analytical application of statistics and mathematics.

Question

5. In five years P18,000 will be bedded to pay for a building renovation. In
order to generate this sum an annuity consisting of three annual
payments is established now. What payment is necessary if money is
worth 15% annually
a. P 3919.53
b. P3567.89
c. P4000
O d. 4320.55
O e. None of the above

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