Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A contractor is bidding a construction project that will take 12 months to complete. The terms of the bid provide that the owner will pay the Contractor one lump sum at the end of 14-months. The Contractor secured a bank loan with an interest rate of 1% per month on the outstanding balance. The Contractor will borrow $100,000 per month to reconcile costs at the end of months 1 through 12. Calculate the cost to finance the project that will be included as part of the bid.
Solution: At the end of month 12, the contractor will have borrowed 12 payments of $100,000 each. The owner is scheduled to pay the contractor at the end of month 14 at which time the contractor will repay the bank. Use the following equation to calculate the future value then extract the cost of financing the project:
F = $100,000 (F/A, 1%, 12) (F/P, 1%, 2) = $1,293,700
Amount Borrowed =$1,200,000
Amount of interest =$ 93,700
Tests on Limestones Practical tests are made on lime stones to decide their suitability is following: i. Physical tests ii. Heat test iii.
what is the purpose of 6mm ms sheet for staining in various conditions at inner &outer of well
what is compass survey and and its method
i am facing some problem in solving the problem of elongation due to self weight suspended from fixed support in the conical bar
Important parts of road pavements: Prime Coat : Application of a low viscosity bituminous binder over a granular base to fill up the voids. Tack Coat : Application of b
A steam turbine with base 6 m × 3.6 m weighs 10,000 kN. It is to be placed on a clay soil with c = 135 kN/m 2 . Find the size of the foundation needed if the factor of safety is to
assingnment
Explain the Well Drawdown Equations Watch the units, especially if you use log 10 or ln. h 1 = aquifer thickness minus the drawdown (ft) r 1 = distance from well (ft
Thermal Coefficient Inside of the building's temperature can increase or reduce the snow weight. As these types of structures normally cover a wide area and heating or even tur
what is savest foundation in the soft sanded earth
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd