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Example: A contractor anticipates his spending to be as shown in the 7 months project. Owner reimbursement lags by a month and owner retains 1
Example: A contractor anticipates his spending to be as shown in the months project. Owner reimbursement lags by a month and owner retains till the final and satisfactory completion of the project. Borrowing money cost the contractor per month. Draw the cash flow diagrams and calculate the cost of borrowing money and maximum debt.
tableMonthSpending$
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