Mathematics for management

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Across
  1. 1. ______________ is not always calculated per year, it could be per month, per day or per week.
  2. 3. Involve only one trade discount is _________ Discount.
  3. 7. Interest is calculated more than once a year meaning by ______________
  4. 8. Reduction in the net amount when prompt payment (within a short period of time) is made by the buyer. This is _________ discount.
  5. 9. Involve more than one trade discount is __________ Discount.
  6. 10. The terms of discount starting from the note was discounted until the _________date.
  7. 12. On 2 April 2012, Sharifah borrows RM8000 at 2% interest rate for three months from a lender who charges a discount rate of 10%. Find the bank discount if the note was discounted on 2 May 2012.
  8. 14. The amount received on the date of discounting is called the ____________.
  9. 15. John borrows RM6000 from a loan shark. If John will owe RM8000 in 26 weeks, what would be the simple interest rate?
  10. 17. Skatebord at Skate Shop is RM 84.50. They need to markup the price 60%. What is retail price after markup
  11. 18. Ahmad borrowed RM300 for 4 years at a 10% interest rate. Calculate the simple interest.
  12. 19. Find the present value at 10% simple interest of a debt RM 5000 due in 7 months.
  13. 21. Discount allowed by the seller to the buyer in case of bulk purchase. This is ________ discount.
  14. 22. RM15000 is invested for 5 years 3 months in a bank earning a simple interest rate of 11% per annum. Find the simple amount at the end of the investment period.
Down
  1. 2. Compound amount function is ___________
  2. 4. Interest is calculated once a year meaning by ___________
  3. 5. Marie buys a laptop by obtaining a simple interest loan. The cost of the laptop is RM3000 and the interest rate on the loan is 3%. The loan must be paid for 2 years 2 months, calculate the total amount that Marie needs to pay.
  4. 6. The person that signs the note called as___________.
  5. 9. Markdown formula
  6. 11. Mark-up formula
  7. 13. The avarage selling price of a running shoe is RM6000 and sales price is RM 3940 what are markdown rate
  8. 16. A car dealer advestises a 9% markup over cost. Find the selling price of a car that cost the dealer RM 25000
  9. 20. Bank discounts a RM 4000 note due in six months using a bank discount rate of 12%. Find the equivalent simple interest rate that is charged by the bank.
  10. 22. The selling price of a Macintosh computer is RM2900 The manufacturer offers dealers a 40% trade discount. What are the trade discount amount ?