Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

23.5 %
24.7 %
25.8 %
25.0 %

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Engineering Economics
In a cash flow series:

Either an increase or decrease in the amount of a cash flow is called the gradient
The gradient in the cash flow may be positive or negative
All of these
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period

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