P600000 was spent on the project that yields annual benefit of P300, 000 for a period of 5 yrs. without any salvage value. Determine the benefit cost ratio considering the cost of money to be 5%. 2.165 1.987 2.541 1.866

P600000 was spent on the project that yields annual benefit of P300, 000 for a period of 5 yrs. without any salvage value. Determine the benefit cost ratio considering the cost of money to be 5%. 2.165 1.987 2.541 1.866

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 19P

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Concept explainers

Time and time related variables in engineering

Time is the event progression starting from past to present and then, future statistically. The time-related variable is any particular value in relation to time to assess its changes on a specified (XY) plane.

Question

P600000 was spent on the project that yields annual benefit of P300, 000 for a period of 5 yrs.
without any salvage value. Determine the benefit cost ratio considering the cost of money to
be 5%.
2.165
1.987
2.541
1.866

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