Across
- 2. The price after discount of a leather belt is RM 180. A trade discount rate 30% is offered. So, the list price of the belt is RM 257.14. The statement true or false?
- 4. What formula this? MD=MD÷OP×100%
- 5. How long will it take for a sum money to quadruple at 10% compunded annually?
- 6. Beyonce went to the mall and saw a massage chair that she would have to take a loan for RM6500 to purchase. The bank said that she could get a simple interest rate of 8% for 5 years. What is the total amount that Beyonce will pay for the chair?
- 8. Find the present value at 8% simple interest of a debt RM 3000 due in ten months.
- 9. A bank discount all short term loans of 6 months duration at 10%. What is the equivalent simple interest rate?
- 12. RM30000 at 6% compounded semi-annually for 5 years 6 months.
- 15. Steven needs RM2000 now. Find the amount that he should borrow for 120 days from a bank that charges 8% discount.
- 16. State wheater true or false. Selling or retail price formula is R=C-M
- 17. What is trade discount formula?
Down
- 1. Lisa had a 120 day note for RM5000 with interest at 6%. The maturity date of the note was 5 May 1995. On 23 April 1995. Lisa discounted the note at 7%. Find the date of the note.
- 3. Anis invested a certain of money in an account that pays 5% compunded quarterly. The account will amount to RM1000 in 27 months time. Calculate the original principal that was invested?
- 6. Ali bought a computer listed at RM 5000. He was given trade discounts of 20%, 10%, and 5. Find the net price of the computer.
- 7. At what rate compunded semi-annually will RM2000 become RM 3500 in 5 years?
- 8. A business needs RM12000 for four months. What should be the size of the loan if his bank charges a discount rate of 9.5%.
- 10. Starting money: RM350, Interest rate:2.5%, Time: 3 years. How much interest?
- 11. What is cash discount formula?
- 12. What formula this? M,M÷R×100%. Answer ______ price.
- 13. An item that regulary sells for RM 425 is markdown to RM318.75. What is the discount rate?
- 14. Ann puts RM300 in a bank account earning 4% interest. How much will she earn in interest in one year?