PE practice questions and answers
You must choose between four pieces of comparable equipment based on the costs and salvage values given below. All four pieces have a life of 8 years.
The discount rate is 12%. Ignore taxes. The two most preferable projects and the approximate difference between their present worth values based on least cost are:
(A) A and C, $170
(B) B and D, $170
(C) A and C, $234
(D) B and D, $234
The Principles and Practice of Engineering exam is the examination required for one to become a Professional Engineer (PE) in the United States. It is the second exam required, coming after the Fundamentals of Engineering exam.