Engineering Economics
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.

0.1332
0.1373
0.1346
0.1315

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Engineering Economics
The key to profitable operation for project cost control, is:

To keep the project cost within the cost budget and knowing when and where job costs are deviating
None of these
To keep the project cost equal to original cost estimate
To keep the project cost equal to subsequent construction budget

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