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How is the cost of interest similar to the price of any merchandise item?
Wiki User
∙ 14y ago
The interest rate is such that the supply of money available to lend matches the demand for money to be borrowed.
Wiki User
∙ 14y ago
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Original price is 598.00 with 25 off of original price and 8 tax applied after discount. What is the total cost of computer is paid in 6 equal monthly payments?
The total cost is 484.38. If there is no interest, then the total cost is not affected by how many monthly payments there are nor whether or not they are equivalent.
What is the purpose of interest?
a group similar interests and different oppinion. expanding similar thoughts and also a community
Define cost price and selling price?
define cost and selling price
What is a discount?
A blind discount is defined as the difference in cost between the listed cash price for equipment and the reduced financed amount. It can also be the difference between the list price of a ca and a lower interest rate.
How do you calculate cost price if we know the selling price and profit?
let the cost price =X sell price=cost +profit selling price=x+profit
What is the price at which a business purchases merchandise is called the?
cost
What should Damaged merchandise that can be sold only at price below cost be valued at?
LIFo
What is a similar word to cost?
price, charge, payment, value.
Cost of borrowing or price of borrowing?
Interest to be paid on the principle-or amount borrowed.
If merchandise inventory is bing valued at cost and the purchase price is steadily failing which method of costing will yield the largest net income?
LIFO
In computing the cost of merchandise sold does freight increase or decrease the cost?
Freight costs are added to the cost of the merchandise. The total is typically referred to as the "landed" cost of the product.
What was the price of a new maytag performa in 2000?
If you are trying to figure your replacement cost the figure that will actually be used for replacement cost is the cost to purchase a new one with similar features to yours not the price you paid for the item. The price you paid is not relevant.
What is cost position?
Cost position is essentially where the price of an item sits when comparing it to other similar products. You could put 2 different brands of cereal in a cost position to show the difference in price.
How does the real interest rate relate to the nominal interest rate?
A real interest rate and a nominal interest rate are quite similar. The only real difference between the two interest rates are that a nominal interest rate include the cost of inflation where as the real interest rate does not.
How much a regency watch from service merchandise cost its about 13years old?
I have a silver diving watch from Service Merchandise, which cost about 79.99 new in 1994.....
How much will the PS4 cost in the UK?
About 40,000 rupees. Which is similar to the price of it in the UK.
How much does the fastest car cost with interest?
Not sure about interest but the average price is $1.7 Million for the Bugatti Veyron. 0-60 in 2.3 speeds of over 250mph
