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More Civil Engineering Questions
What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate?
A rigid-jointed plane frame is stable and statically determinate if (where m is number of members, r is reaction components and j is number of joints)
The direct interchange ramp involves
A wooden block fixed on back side of a door frame on its post, is known as