A building contractor obtained bids for some asphalt paving, based on a specification. Three paving subcontractors quoted
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The building contractor uses a 12% nomine interest rate, compounded monthly, in this type c bid analysis. Which paving subcontractor should b awarded the paving job?
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Paving Co. Pri Quick Payment Schedule $85,000 50% payable immediate 25% payable in 6 month 25% payable at the end of one year Payable immediately 25% payable immediatel 75% payable in 6 month Tartan Faultless $82,000 $84,000
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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