What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal?
A. Effective rate of interest
B. Nominal rate of interest
C. Compound interest
D. Simple interest
Answer: Option D
A. Effective rate of interest
B. Nominal rate of interest
C. Compound interest
D. Simple interest
Answer: Option D
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
Join The Discussion