Across
- 7. What is trade discount formula?
- 8. Find the present value at 8% simple interest of a debt RM 3000 due in ten months?
- 9. How long will it take for a sum of money to quadruple at 10% compounded annually?
- 10. RM 3000 at 6% compounded semi-annually for 5 years 6 months.
- 12. Steven needs RM2000 now. Find the amount that he should borrow for 120days from a bank that charges 8% discount.
- 14. A businessman needs RM12000 for four months. What should be the size of the loan if his bank charges a discount rate of 9.5%.
- 15. At what rate compounded semi-annually will RM2000 become RM3500 in 5 years?
Down
- 1. What formula this? MP=MP÷OP×100%.
- 2. The price after discount of a leather belt is RM180. A trade discount rate 30% is offered. So, the list price of the belt is RM257.14. The statement true or false?
- 3. Starting money= RM 350, Interest rate= 3.5%, Time = 3 years. How much interest?
- 4. Anis invested a certain of money in an account that pays 5% compounded quarterly. The account will amount to RM 1000 in 27 months time. Calculate the original principal that was invested?
- 5. State wheater true or false. Selling price formula is R=C-M
- 6. What is cash discount formula?
- 9. A bank discount all short term loans of 6 months duration at 10%. What is the equivalent simple interest rate?
- 10. Ali bought a computer listed at RM5000. He was given trade discount of 20%, 10% and 5%. Find the net price of the computer.
- 11. An item that regularly sells for RM425 is markdown to RM318.75. What is the discount rate?
- 12. Beyonce went to the mall and sawa massage chair that she would have to take a loan our for RM 6500 to purchase. The bank said that she could get a simple interest rate of 8% for 5 years. What is the total amout that Beyonce will pay for the chair?
- 13. Ann puts RM 300 in a bank account earning 4% interest. How much will she earning interest in 1 year?
- 14. price. What formula this? M,M÷R×100%.
- 16. Lisa had a 120 days note for RM5000 with interest at 6%. The maturity date of the note was 5 May 1995. On April 1995. Lisa discounted the note 7%. Find 5hb date of the note.