Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P18,000
P18,900
P19,100
P19,000

ANSWER DOWNLOAD EXAMIANS APP

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

ANSWER DOWNLOAD EXAMIANS APP
MORE MCQ ON Engineering Economics