EXAMIANS
If there is only one seller and many buyers, the market situation is ________ .
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What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?
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What is another term for “perfect competition”?
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Gross margin is the ratio of the gross profit to ______.
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What do you call any particular raw material or primary product such as cloth, wool, flour, coffee, etc.?
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Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.
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If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:
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Perfect monopoly exists only if:
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If a seller recovers his capital along with accumulated compensating interest not in one single lump-sum payment but in periodical equal payments, over time:
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Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.
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