A material escalation clause allows a 6 percent adjustment on $84,000 of eligible steel. What additive adjustment is allowed?
Correct Answer
D) $5,040
The escalation adjustment is $84,000 x 0.06 = $5,040. Other choices use 5%, a rounded low value, or an unsupported higher percentage.
Why This Is the Correct Answer
The escalation adjustment is $84,000 x 0.06 = $5,040. Other choices use 5%, a rounded low value, or an unsupported higher percentage.
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