Question
1. Your insurance company charges a premium of $2000 every quarter starting from the beginning of a year. You started your insurance on the 1st
1. Your insurance company charges a premium of $2000 every quarter starting from the beginning of a year. You started your insurance on the 1st of February. How much would be your premium for the first quarter?
2. The List price of a product is $50 and its net price is $46. What is the trade discount rate?
3. During a sale, a distributor sells a product listed for $600 with three discounts 15%, 10% and 5%. What is the net price of the product?
1. Your insurance company charges a premium of $2000 every quarter starting from the beginning of a year. You started your insurance on the 1st of February. How much would be your premium for the first quarter?
2. The List price of a product is $50 and its net price is $46. What is the trade discount rate?
3. During a sale, a distributor sells a product listed for $600 with three discounts 15%, 10% and 5%. What is the net price of the product?
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Finance For Housing An Introduction
Authors: Cathy Davis
1st Edition
1447306481, 978-1447306481
