Exam (elaborations)
Business Math with simplified formulas
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A+
Uploaded on
23-12-2023
Written in
2023/2024
Simple Interest Formula - I = Prt Compound Interest Formula - Weekly Bill - Monthly Bill x 12 / 52 Fuel Expense - # of Miles / mpg x cost per gallon Interest - The amount of money paid or earned for the use a fixed amount of money called a principal. Percent Equation - is = % x of OR part = % x whole Percent Proportion - Sales Tax - A percent of a purchase price imposed by government for the sale of a good or service. Tip - Also known as gratuity, is an amount paid above and beyond the payment due for a service. This is often voluntary. Markup - The difference between the wholesale price/production cost of an item and the selling price.
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Institution
Business Math
Course
Business Math
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Written for
- Institution
- Business Math
- Course
- Business Math
Document information
- Uploaded on
- December 23, 2023
- Number of pages
- 1
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
business math
R184,98
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