Sum of the years digit method is used for

Home / Mining Engineering / Mine Economics / Question

Examveda

Sum of the years digit method is used for

A. Salting

B. Speculative rate of return

C. Depreciation

D. Ore reserve calculation

Answer: Option C

This Question Belongs to Mining Engineering >> Mine Economics

Join The Discussion

Related Questions on Mine Economics

A coal mine receives two bids for purchase of a new dragline. The first bid quotes Rs. 150 crore as a price to be paid in full on delivery. The second bid quotes Rs. 180 crore as a price payable at the end of the third year after delivery. If the discount rate is 12%, the difference in NPV between the first and second bids in crore of rupees is

A. 19.68

B. 21.88

C. 31.88

D. 20.68

View Answer

A person borrows a sum of Rs. 50,000 @ 6% interest rate for 10 years. Determine the equal annual sum to be paid at the end of each year to repay the loan.

A. 6795

B. 5672

C. 6749

D. 6592

View Answer

The probability distribution of the outcome of an investment is

Outcome (Rs.)	1000	700	300
Probability	0.2	0.5	0.3

The expected rate of return is

A. 540

B. 640

C. 740

D. 840

View Answer

Hoskold's formula is used for

A. Salting

B. Speculative rate of return

C. Depreciation

D. Ore reserve calculation

View Answer

More Related Questions on Mine Economics