What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.
A. 19.61 %
B. 19.44 %
C. 19.31 %
D. 19.72 %
Answer: Option D
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The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
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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
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A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
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B. Construction manager
C. Owner himself/herself
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