What is the type of annuity where the payments are made at the end of each period starting from the first period?
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity
Answer: Option A
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity
Answer: Option A
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
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