Engineering Economics
Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”.

0.1373
0.1315
0.1346
0.1332

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Engineering Economics
The financial analysis:

All of these
Helps to judge the success of the firm's financial plans
Helps a bank to know the financial position of the firm for granting a loan to the firm
Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment

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