Mr. J. Dela Cruz borrowed money from the bank. He received from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the simple interest rate and the corresponding discount rate or often referred to as the <Banker’s Discount=.

A regenerative gas turbine power plant is
shown in Fig. P1. Air enters the compressor at 1
bar, 27ºC with a mass flow rate of 0.562 kg/s and
is compressed to 4 bar. The isentropic efficiency of
the compressor is 80%, and the regenerator
effectiveness is 90%. All the power developed by
the high-pressure turbine is used to run the
compressor. The low-pressure turbine provides the
net power output. Each turbine has an isentropic
efficiency of 87% and the temperature at the inlet
to the high-pressure turbine is 1200 K. Sketch the
corresponding T – s diagram and determine: (a) The net power output, in kW. (b) The thermal
efficiency. (c) The temperature of the air at states
2, 3, 5, 6, and 7, in K.