Discount ₱15,800 for 11 months at 14.25%simple interest.

Q: Leo Jeriel borrowed Php 3,785 from a friend and promised to repay him in 9 months plus 12% interest.…

A: We want to find simple interest

Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: Accumulate ₱54,000 at 11.75% interest when compounded semi-annually for 3 years and 5 months

A:

Q: Assume a 6 month CD purchase for 5,000 pays simple interest at an annual rate of 9.5. How much…

A:

Q: Chad Romin Computer Shop borrowed P500,000 on September 23, 2013 with interest due on October 3,…

A: The exact number of days from September 23, 2013 till October 3, 2014 is 376 days.For exact…

Q: To pay for his debt at 12% compounded semi- annually,Analuz arwena commuted for 8 quarterly payments…

A: Given interest : 12 % compounded semi annually. Total quaterly payments = php 24,491.28 To…

Q: Prinicpal                13,800 Rate %                  9.4 Time                      3 3/4…

A:

Q: The amount at the end of 5 years for a monthly deposit of Php1000 at 5% converted at the end of each…

A:

Q: Find the full amount if Php67, 300 deposited in the bank for 12 years at 3.15% rate

A: first calculate the interest using the formula S.I =PRT where S.I is the simple interest T is the…

Q: What amount of money will be borrowed in order to accumulate ₱94,200 invested for 1050 days paying…

A:

Q: What is the present value if after 6 years the money earns Php85, 200 at 8.25% rate?

A: Note that since we are only given the rate 8.25% and nothing more is specified, the rate is assumed…

Q: How much should Winona deposit in his savings account so that he will be able to withdraw ₱580,450…

A: We will find out the required value.

Q: A house and lot has a selling price of PhP 1,960,000. A client made a down payment of PhP 460,000…

A:

Q: Leslie Salazar borrowed P280,000 at a simple interest rate of 9% for one year. Compute for the…

A: Leslie Salazar borrowed P280,000 at a simple interest rate of 9% for one year.

Q: Lupe Gonzalez has $6500 in her retirement account. Find the interest rate required for the fund to…

A:

Q: A man borrows GH¢12,000.00 from the bank at 15% per annum for 3 years. Determine the sum of each…

A: Given A man borrows GH¢12,000.00 from the bank at 15% per annum for 3 years. To Determine the sum of…

Q: Use simple interest to find the ending balance: $6,400 at 3.9% for 5 years Show your work.

A: The given problem is to find the ending balance when $6400 at 3.9% for 5years by using simple…

Q: Find ordinary and exact interest on P10 800 for five days at 8% simple interest

A: We need to find Ordinary and exact interest rate. We have given that , P = 10800 r = 8 % = 8100 =…

Q: Find the simple interest on P6275 at 10% for 6 months.

A: GIVEN: P = $6275, R = 10%, T = 6 months

Q: At the end of 6 months, Mr. White pays Php 12,500.00 per month to the bank for 5 years for the car…

A: Given:  P(Principal amount per month)=$12500 R(Rate of…

Q: You can afford $1,000 per month as a house payment. If you can get a home loan at 5.2% interest for…

A: Given that The monthly payment PMT=$1000Interest rate  r=5.2%=5.2100=0.052Compounded monthly…

Q: what is 2% higher than 3.167% interest rate?

A: Please see the answer in Step 2

Q: How much should Allyson put into 6% saving account in order to have Php. 100,000.00 in 5 years?

A:

Q: The first cost of an electric rebar bender is P392,000 and a salvage value of P40,000 at the end of…

A: Given information Pw=P392,000 r=5.4% ⇒r=5.4100=0.054 And n=4 years The annual cost is given by…

Q: Accumulate ₱56,000 for 650 days applying 10.5% exact interest

A: Given: Principal, P=₱56,000            Rate, R=10.5%            Time, T=650 days To find:…

Q: Mr. Rashid borrowed Rs. 20000 from Habib Bank to be paid back after 3 years at 6% per annum…

A: Calculate Amount and interest paid

Q: suppose you borrow 865 for aterm of three years at simple interest and 5.46% apr. determine the…

A: Given that  Borrowing amount 865 Time period 3 years  Rate of interest 5.46%

Q: Find the simple interest rate of the principal of Php. 15,000 with simple interest of Php. 30,000…

A: Given: Simple interest I=30000 Time (years) t=5 Principal Value P=15000 We have to find Simple…

Q: Sofia obtained a house of 25-year mortgage for Php2,150,000. If his monthly payment is Php 15,500,…

A: Given that: Sofia obtained a house of 25-year mortgage for Php2,150,000. His monthly payment is Php…

Q: You take out a 7-yr car loan for $25,000 with a 7.5% APR. The fixed monthly payment is $383.46. How…

A:

Q: Discount P264, 000 for 2.75 years converted quarterly at 10.64%

A:

Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows: 

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”