**1.** The sum of the first cost and the present worth of all costs for replacement, operation and maintenance for a long time or forever is known as

A. Perpetuity

B. Capitalized cost

C. Depletion cost

D. Uniform cost

**2.** A new boiler was installed at a cost of P 1.5M and projected to have zero salvage value at the end of its ten-year life. What is the capitalized cost if interest rate is 10% per year?

A. P2.44 M

B. P6.02 M

C. P3.42 M

D. P1.02 M

**3.** If the uniform series capital recovery factor is 0.2091 and the sinking fund factor is 0.1941. Find i.

A. 1 ½

B. 3%

C. 2%

D. 4 ½%

**4. **Cost that have been incurred at some past date is

A. Sunk costs

B. Fixed costs

C. Maintenance cost

D. Operation cost

**5.** The decrease in value of property due to gradual extraction of its contents.

A. Depreciation

B. Mining

C. Depletion

D. Valuation

**6.** If two random variables are independently distributed, what is their relationship?

A. They are not identically distributed.

B. They are uncorrelated.

C. They are mutually exclusive.

D. Either A or B is true.

**7.** What type of a regular polygon whose interior angle measures 108 degrees?

A. Heptagon

B. Pentagon

C. Octagon

D. Hexagon

**8. **For a given function, f(t)=f(-t). What type of symmetry does f(t) have?

A. Odd symmetry

B. Even symmetry

C. Rotational symmetry

D. Quarter-wave symmetry

**9. **Naperian logarithms have a base closest to which number?

A. 2.17

B. 2.72

C. 3.14

D. 10.0

**10.** The salary of an employee’s job has five levels, each one a 5% greater than the one below it. Due to circumstances, the salary of the employee must be reduced from the top (fifth level) to the second level, which results in a reduction of $122.00 per month. What is the employee’s present salary per month?

A. $440

B. $570

C. $680

D. $900

**IMPORTANT NOTE: **These are just practice problems I randomly collected solely for review purposes only. This should not be substituted to textbooks. Please read and study your textbooks well.

Answers are found in the next page

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