Second Evaluation Exam (CE REVIEW – ENGINEERING ECONOMY, SURVEYING)

Date: Time:
Please follow these instructions carefully. Use only a b. 6.25% compounded semi-annually
pencil to shade the correct answer on the provided c. 6.20% compounded quarterly
answer sheet, and avoid making any erasures, as they d. 6.15% compounded monthly
may invalidate your response. If you believe that none of
9. Convert 8% compounded quarterly per year into
the given options are correct, shade option E. No extra
compounded annually per quarter.
sheets are allowed. Any form of cheating will not be a. 2.06% c. 2.60%
tolerated and may result in disqualification. Ensure b. 2.24% d. 2.42%
accuracy and integrity in your responses.
10. An economy is experiencing inflation at the rate of 6% per
Situation: An equipment installation job in the completion year. An item presently cost $100. If the 6% inflation rate
stage can be completed in 40 days of 8-hour day with 40 men continues, what will be the price of this item in 5 years?
working. With the contract expiring in 30 days, the contractor a. $134.01 c. $133.82
decided to add 10 men on the job, overtime not being b. $74.73 d. $74.62
permitted. If the liquidated damage is ₱2,000 per day of delay,
and the men are paid ₱80 per day, 11. An economy is experiencing inflation at the rate of 6% per
1. Determine the number of days of delay. year. If this continues, what will $100 be worth five years from
a. 10 days c. 2 days now, in terms of today’s dollar?
b. 5 days d. 0 days a. $134.01 c. $133.82
2. Compute the amount of savings with the addition of b. $74.73 d. $74.62
workers.
a. ₱16,000 c. ₱20,000 12. A man borrowed a sum of money and promised to pay
b. ₱4,000 d. ₱8,000 annually for 8 years at an interest rate of 12% compounded
annually. If the total interest for his dept will be ₱185,000
3. An engineer borrowed a sum of money under the following after 8 years, how much will his annual payments be?
terms: ₱360,000 if paid in 90 days or ₱345,000 if paid in 30 a. ₱51,998.10 c. ₱49,208.18
days. Find the annual rate of interest. b. ₱43,026.33 d. ₱47,552.07
a. 26.09% c. 23.16%
b. 22.85% d. 24.22% 13. An individual makes five annual deposits of ₱2,000 in a
savings account that pays interest at a rate of 4% per year. One
4. A man borrowed ₱75,000 on September 18, 1898, and year after making the last deposit, the interest rate changes to
promised o pay on May 17, 1904 at a simple interest of 12% 6% per year. Five years after the last deposit, the accumulated
per annum. How much will be the total interest? money is withdrawn from the account. How much is
a. ₱50,957.83 c. ₱50,827.87 withdrawn?
b. ₱50,817.24 d. ₱50,967.12 a. ₱14,223.00 c. ₱14,496.52
b. ₱13,179.57 d. ₱15,040.36
5. A certain commodity is payable in 90 days but if paid in 15
days there will be a 10% discount. Find the annual rate of 14. Find the difference between the sum of an annuity due and
interest. an ordinary annuity for the following data:
a. 58.89% c. 53.33% Periodic payment = ₱14,000
b. 51.11% d. 56.67% Payment interval = 3 months
Term = 16 years
6. A car costing ₱1M was bought at a down payment of ₱200K. Interest rate = 10% compounded quarterly
₱150K is paid after 2 years and the remaining balance after 5 a. ₱66,289.05 c. ₱57,138.92
years. How much was the payment after 5 years if the interest b. ₱62,175.36 d. ₱53,991.62
rate is 12% compounded annually?
a. ₱1,999,134.15 c. ₱1,349,134.15 15. A farmer bought a tractor costing ₱25,000 payable in 10
b. ₱1,199,134.15 d. ₱1,749,134.15 semi-annual payments, each installment payable in the
beginning of each period. If the rate of interest is 26%
7. A man borrowed ₱120,000 and promised to pay annually compounded semi-annually, Determine the amount of each
for 5 years. The payment starts at “X” pesos. The man intends installment.
to increase his pay by ₱5,000 at the end of each successive a. ₱3,582.69 c. ₱4,607.24
year. If the interest rate is 8% compounded annually, how b. ₱3,084.31 d. ₱4,077.20
much will the first payment be?
a. ₱20,228.42 c. ₱22,028.42 16. A man loans ₱192,000 and promised to pay for 8 years at
b. ₱20,822.42 d. ₱22,208.42 an interest rate of 5% compounded annually, the first
payment being due at the end of 10 years. Find the annual
8. Which of the following has the greatest effective annual rate payment.
of interest? a. ₱3,582.69 c. ₱4,607.24
a. 6.30% compounded annually b. ₱3,084.31 d. ₱4,077.20
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17. A contractor can buy dump trucks for ₱800,000 each d. dn=P40384.62; Cn=P171153.85
(surplus) or rent them for P1189 per truck per day. The truck 25. Using the Declining Balance Method (DBM)
has a salvage value of ₱100,000 at the end of its useful life of a. dn=P33445.46; Cn=P191559.34
5 yrs. Annual cost of maintenance is ₱20,00. If money is worth b. dn=P40520.10; Cn=P191559.34
14% per annum, determine the number of days per year that c. dn=P33445.46; Cn=P158113.88
a truck must be used to warrant the purchase of the truck. d. dn=P40520.10; Cn=P158113.88
a. 200 days c. 198 days 26. Using the Double Declining Balance Method (DDBM)
b. 199 days d. 197 days [Link]=P40187.76; Cn=P200938.79
b. dn=33489.80; Cn=P200938.79
18. To decrease the cost of operating a lock in a large river, a c. dn=33489.80; Cn=P167448.99
new system of operation Is proposed. It will cost P450,000 to d. dn=P40187.76; Cn=P167448.99
design and build. It is estimated that it will have to be 27. Using the Sinking Fund Method (SFM), Assume interest
reworked every 10 years at a cost of P50,000. In addition, rate=8%
there will be an expenditure of P40,000 at the end of the fifth a. dn=P23712.76.14; Cn=P360886.71
year for a new type of gear that will not be available until then. b. dn=P23712.76.; Cn=P326044.89
The annual operating cost are expected to be P30,000 for the c. dn=P35596.14; Cn=P360886.71
first 15 years and P25,000 a year thereafter. Compute the d. dn=P35596.14; Cn=P326044.89
capitalized cost of perpetual service at i=10%.
a. P578,464.51 c. P875,664.15 28. Calculate the benefit/cost ratio for a highway project with
b. P464,578.51 d. P758,466.15 the following benefits and costs. The project life is 40 years,
the interest rate is 10%, and the project's right of way is worth
19. Determine the annual cost of a structure that requires P $5M in 40 years.
15M to build with a salvage value of P2M after 12 years if the $20M Construction costs (includes acquiring right of way)
interest rate is 6 % compounded annually. $350K Annual maintenance
a. P 1,977,286.33 c. P 1,284,936.06 $3M Repaving every 8 years
b. P 1,410,242.87 d. P 1,670,601.38 $1M Annual value lives saved (1 per year)
$1.25M Time savings for commercial traffic
20. Suppose that a certain savings is expected to be 10Mphp $1M Time savings for commuter recreational traffic/year
at the end of year 3 and to increase 1Mphp each year until the a. 1.23 c. 1.96
end of year 7. If the minimum attractive rate of return (MARR) b. 1.69 d. 1.32
is 20%. What is the present equivalent (at the beginning of
year 1) and the future equivalent (at the end of year 7). 29. A manufacturer produces certain items at a labor cost of
a. F=86.62Mphp and P = 24.175M P115 each, material cost of P76 each and variable cost of
b. F=82.62Mphp and P=24.175M P2.32 each. If the item has a unit price of P600, how many
c. F=82.62Mphp and P=21.475M units must be produced each month for the manufacturer to
d. F=86.62Mphp and P = 21.475M break even if the monthly overhead is P428,000?
a. 1530 units c. 750units
21. Supposed a man receives an initial annual salary of b. 1053 units d. 800units
₱60,000, increasing at the rate of ₱5,000 a year. If money is
worth 10%, determine his equivalent uniform salary for a 30. Which is more economical from the two given machines.
period of 8 years. Equipment A Equipment B
a. ₱70,994.07 c. ₱79,831.52 Cost P9,000 P13,000
b. ₱75,022.39 d. ₱85,007.88 Salvage Price P500 P1,500
Maintenance P1,000 P500
22. Annual maintenance cost for a machine is P25,000 for six Active Cost P2,500 P2,000
years. The interest rate is 6%. If the maintenance cost is Tax and Insurance 5% 5%
P25,000 this year and is estimated to increase 10% each year Life, years 12 16
every year, what is the present worth of the maintenance cost? Money is worth at least 15%. Compute for the RORAI.
a. P163,250 c. P189,630 a. 22.18% c. 17.18%
b. P142,560 d. P155,550 b. 19.65% d. 19.7%

Situation: A machine costing P500,000 has a life expectancy 31. ABC corporations’ stocks which currently sells for P50 per
of 12 years with a salvage value of 10% of the first cost. share, has been paying a P3 annual dividend per share and
Determine the depreciation charge during the 6th year, and the increasing in value at an average rate of 5% per year, over the
book value after 6 years. last 5 years, it is expected that the company’s stock will
23. Using the Straight-Line Method of depreciation (SLM) maintain this performance over the next 5 years. What is the
a. d= P35700; Cn=P350000 company’s cost of capital raised through the selling of this
b. d= P37500; Cn=P312500 stock?
c. d= P37500; Cn=P275000 a. 10.99% c. 14.49%
d. d= P35700; Cn=P237500 b. 10.49% d. 14.99%
24. Using the Sum of Years Digit Method (SYD)
a. dn=P46153.85; Cn=P211538.46 32. A company issued 50 bonds of P1,000 face value each,
b. dn=P40384.62; Cn=P211538.46 redemption at par at the end of 15 years to accumulate the
c. dn=P46153.85; Cn=P171153.85 funds required for redemption. The firm established a sinking
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fund consisting of annual deposits, the interest rate of the 41. Station PT of a compound curve is at 15+480, 𝐼1 = 30°,
fund being 4%. 𝐼2 = 36°, 𝐷1 = 4° and 𝐷2 = 5°. What is the stationing of PCC?
a. P37,519 c. P44,687 Use arc basis.
b. P41,982 d. P41,306 a. 15+319.63 c. 15+325.28
b. 15+336.14 d. 15+342.50
33. A student recorded the following number of paces after
walking a distance of 50 m repeatedly as 71.50, 72, 70, and 42. The length of the common tangent of a compound curve is
69.50. He wanted to measure the distance between two points 225 m. The first curve has a degree of curve 𝐷1 = 3° and
C and D. He recorded the following number of paces from C to central angle of 𝐼1 = 24°. The second curve has a central angle
D and back as 465, 468, 463, and 460. What is the distance of 𝐼2 = 44°. Find the degree of the second curve. Use arc basis.
from C to D? a. 2.91° c. 4.06°
a. 327.91 m c. 462.04 m b. 3.22° d. 3.79°
b. 378.63 m d. 421.26 m
43. The common tangent of a reverse curve is 280.50 m and
34. A source of error in taping when a tape may differ in actual has an azimuth of 312°29’. BC is a tangent of the first curve
length from its nominal graduated length because of a defect whose azimuth is 252°45’. DE is a tangent of the second curve
in manufacture of repair, or as a result of kinks. whose azimuth is 218°13’. The radius of the first curve is 180
a. personal error c. natural error m. 𝑃𝐼1 is at Sta 16+523.37. B is at PC and E is at PT. What is
b. accidental error d. instrumental error the stationing of 𝑃𝐼2 ?
a. 16+754.79 c. 16+774.79
35. The correct distance between points E and F is 213. 50 m. b. 16+764.79 d. 16+784.79
If a 100-m tape that is 0.025 m too long is used to measure EF,
what will be the measured distance? 44. Two parallel tangents 12 m apart are considered by a
a. 212.765 m c. 213.447 m reversed curve of equal radii. If the length of the chord from
b. 212.659 m d. 213.553 m PC to PT is 140 m, determine the total length of the reversed
curve
36. A 30-m tape which is of standard length at a temperature a. 160.95 m c. 122.39 m
of 20℃ is used to measure a line with a measured distance of b. 151.83 m d. 140.17 m
412 m. During measurement, the temperature was 52℃. If the
coefficient of thermal expansion of the tape is 0.0000116/℃, 45. A spiral easement curve has a length of 100 m with a
determine the correct length of the line. central curve having a radius of 300 m. Determine the offset
a. 412.096 m c. 412.380 m distance from the tangent to the second-quarter point of the
b. 412.232 m d. 412.153 m spiral.
a. 0.84 m c. 0.69 m
37. A steel tape is 100 m long at a standard pull of 65 N. b. 0.52 m d. 1.04 m
Compute the pull correction if during measurement the
applied pull is 40 N. The tape has a cross-sectional area of 3.15 46. What is the maximum speed at which a car could pass
mm2 and a modulus of elasticity E=200 GPa. through an easement curve having a length of spiral 120 m if
a. -4.93 mm c. -3.93 mm the radius of the curve is 260 m?
b. -4.39 mm d. -3.39 mm a. 95.34 kph c. 78.89 kph
b. 86.42 kph d. 67.67 kph
38. A 30-m steel tape had a weight of 0.040 kg/m, an area of 5
mm2 , and a modulus of elasticity of 200,000 MPa. The tape Situation: A vertical parabolic curve is designed to pass
was help horizontal, supported at the ends only, with constant through three points on the profile of an existing unimproved
tension of 10 kg, to measure a line from A to B which was road with stationing and corresponding elevations as follows:
recorded to be 114.26 m. Find the correct distance of the line Points Stationing Elevation
from A to B. A 5+432 45.00 m
a. 114.288 m c. 114.196 m B 5+592 48.00 m
b. 114.232 m d. 114.324 m C 5+682 43.30 m
47. Determine the elevation of the summit.
39. The three courses AB, BC, and CD have bearings N56°18’E, a. 49.08 m c. 48.31 m
N80°30’E, and S32°17’E, respectively. If BC=57.80 m, b. 48.02 m d. 48.63 m
determine the radius of the curve that shall be tangent to the 48. Determine the grade of the back tangent.
three courses. a. 6.24% c. 4.26%
a. 67.56 m c. 66.57 m b. 6.42% d. 4.62%
b. 65.76 m d. 57.66 m
Situation: An unsymmetrical parabolic curve has a backward
40. The tangent offset of a point Q on a simple curve is 9.56 m. tangent 5% and a forward tangent of -3%. The length of the
If its distance from PC along the curve is 70 m, find the radius curve on the left side is 200 m while on the right side is 300
of the curve. m. The tangents at PC and PT intersect at station 3+118 and
a. 276.54 m c. 254.67 m at elevation 84 m.
b. 267.54 m d. 245.67 m 49. Determine the stationing of the highest point.
a. 3+145.75 c. 3+163.75
b. 3+154.75 d. 3+136.75
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50. Determine the elevation of the highest point.
a. 79.32 m c. 79.77 m
b. 79.50 m d. 79.20 m