Mathematics For Management

2. Refer to purchasing and selling securities or other assets
4. The act of reducing the selling price of goods to attract the attention of buyers
8. State whether true or false that the party to whom the promissory note is payable is the maker.
10. Find the future value for RM20000 at 5% compounded annually for 5 years.
11. RM1000 is invested for twenty seven months in a bank, earning a simple interest rate of 8% per annum. Find the simple interest earned.
13. David borrows RM4000 from Matthew and gives him a promissory note David is the
14. John wants to have RM2000000 for retirement in 5 years. He invest in a mutual find paying an average of 9.5% each year compound quarterly. How much should he deposit into his mutual fund?
17. The markdown percent on a TN set is 10%. If the new retail price RM900. Find the old retail price.
18. net price formula
19. James invests RM25000 into an account paying 8% annual interest. How many years will it take for his account to reach RM43000?

1. Susan puts RM20000 in a savings account paying 8% annual interest compounded monthly. At this rate how much money will be in the account after 40 years ?
3. What formula the markup
5. trade discount formula
6. Sally invests RM8000 into an account paying an annual interest rate of 8.7%. How many years will it take for her to earn RM4872 in interest?
7. The cost of refrigerator is RM1800. If the seller wants a 25% markup based on cost price, find the retail price.
9. Find the future value for Rm30000 at 6% compounded semi-annually
12. What formula markdown ?
13. DATE The due date of a promissory note is known as the
15. Marie invests RM3000 into a saving account. In 4 years, she earns a total of RM768 in interest. What is the annual interest rate offered by this account?
16. What is the formula for maturity value (s)in interest bearing notes