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Please show work! For a project that has a pront and overhead mark-up of 6%, retainage held is 10%, and on month 2 a contractor
Please show work!
For a project that has a pront and overhead mark-up of 6%, retainage held is 10%, and on month 2 a contractor bills $400,000 to the owner. On month 3 how much does the contractor get paid for the bill submitted on month 2 if the project is assumed to have 30 day payment terms. 360.000 (with margin: 0)Step by Step Solution
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