A. 11.50 %
B. 11.75 %
C. 11.95 %
D. 12.32 %
Answer: Option B
This Question Belongs to Civil Engineering >> Engineering Economics
The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A. 8% is the rate of interest per year
B. Money is borrowed for n = 7 years
C. Both (A) and (B)
D. Neither (A) nor (B)
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation
A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
D. P 43,763.20
A. Architect/engineer
B. Construction manager
C. Owner himself/herself
D. None of the above
From the previous comment
Santosh Yadav:2 years ago
890.36÷0.8 =1112.95
1112.95/31 =35.9 *365 = 13104
13104÷110000=0.1191*100=11.91%
---------—---------------------------------------------------------
Change 365 days to 360 days. 1 bank year = 360
((890.36÷0.8)÷31)(360) = 12924.58065
((12924.58065÷110000))(100) = 11.75
890.36÷0.8 =1112.95
1112.95/31 =35.9 *365 = 13104
13104÷110000=0.1191*100=11.91%
With solution please