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MATHEMATICS, SURVEYING, TRANSPORTATION ENGINEERING, AND CONSTRUCTION presented by: JP Reynales Kippap Civil Engineering Engineering Economy 2
DAY 24: EECON2 LECTURE OUTLINE • Depreciation Don’t focus on how you’ll fail; focus on how you’ll win.
DAY 24: EECON2 Depreciation Don’t focus on how you’ll fail; focus on how you’ll win. Book Value: of a property is its value at any time Depreciation: lowered amount due to passage of time Salvage Value: book value of a property at the end of its life span Book Value (BV)=First Cost (FC) − Depreciation Salvage Value (SV)=First Cost (FC) − Total Depreciation
DAY 24: EECON2 Depreciation Don’t focus on how you’ll fail; focus on how you’ll win.