1. Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.
2. Pick out the wrong statement.
3. 'Six-tenth factor' rule is used for estimating the
4. An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the
5. The 'total capital investment' for a chemical process plant comprises of the fixed capital investment and the
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