Engineering Economics
You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank?

P 62.44
P44.55
P37.56
P54.66

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Each financial ratio is generally compared by

A past ratio calculated from the past financial standard of the firm
All of these
A ratio of some selected firms most progressive and successful at the point of consideration
A ratio developed by using the projected financial statement of the firm

ANSWER DOWNLOAD EXAMIANS APP