Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the formula for calculating annualized cost from the initial cost?
💡 Hint: Consider the components: Initial cost, interest rate, and number of years.
Question 2
Easy
How do you calculate the salvage value of equipment?
💡 Hint: Remember, it's a fraction of the initial cost.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the annualized cost formula?
- A) Initial Cost × [i(1+i)^n / ((1+i)^n - 1)]
- B) Initial Cost + Salvage Value
- C) Initial Cost / Years
💡 Hint: Focus on how future payments relate to present costs.
Question 2
True or False: Salvage value is always a fixed percentage of the initial cost.
- True
- False
💡 Hint: Think about how salvage relates to initial investment.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
An organization is estimating the annual cost of a heavy-duty truck with an initial cost of ₹1,20,00,000, a salvage value of 15% after 15 years with an interest of 10%. Calculate the total annual cost of ownership including depreciation.
💡 Hint: Use the formulas for annualized costs and salvage values.
Question 2
A construction firm has a crane costing ₹90,00,000. After 10 years, it has a salvage value calculated at 10% of its initial cost. If the firm operates the crane for 1,200 hours annually, what is the hourly cost of operation, including depreciation and salvage value?
💡 Hint: Deduct the salvage value and divide by operating hours.
Challenge and get performance evaluation