MATH ASSIGNMENT
Across
- 1. A company borrows RM 50,000 using a promissory note for 6 months with an interest rate of 10% per annum. How much repayment should be made at the end of the period?
- 4. A seller receives a promissory note worth RM 20,000 for a period of 120 days and an interest rate of 6% per annum as payment for the goods sold. How much interest will the seller earn?
- 6. An individual issues a promissory note for 90 days with a nominal value of RM 10,000 and an interest rate of 8% per annum. how much interest is due at the end of the period?
- 8. refers to decreasing the selling price of an item
- 9. the multiple discounts must be.......... to single discount by using formula
- 11. calculate the simple interest if Annie borrowed RM500 for 4 years at 16% interest rate.
- 12. the result of an early payment based on terms of sale
- 15. Find the future value of RM1000 which was invested for 5 years at 5% compounded annually
- 16. The formula for Continuous Compounding
- 17. refers to increasing the cost price of an item before selling
- 18. If compound interest is paid twice per year, the compounding period is 6 months and the interest is compounded ____.
Down
- 1. Joe invested RM1498 at 6% simple interest per annum.Calculate the interest earned after 6 months.
- 2. discount allowed by the seller to the buyer in case of bulk purchase
- 3. An individual borrows RM 8,000 from a bank using a promissory note for 3 months with an interest rate of 9% per annum. How much repayment should be made at the end of the period?
- 5. Samy invested RM400 for 2 years at 5% per year.Calculate the simple interest
- 7. The markup percent based on cost is 35%, what is the markup percent based on selling price?
- 10. ............. is usually the amount on the price tag
- 11. RM1000 is invested for four years. Find the interest received at the end of four years if the investment earns 8% compounded annually
- 13. RM15000 is invested for 4 years 6 months in a bank earning a simple interest rate of 8% per annum.Find the simple amount at the end of the investment period.
- 14. Cost Price + Markup R=C+M