SIMPLE INTERST is an interest computed on the amount that barrow received at the time loan is obtained
PRINCIPAL- sum of money learned or invested.
TIME- length of time over which in principal is used. SET-collection or groups of things SUBSET-taking some of the elements of a given set forms of a new set FINITE-is a set limited number of elements INFINITE SET-un limited numbers of elements INTEGERS-are special group or category of numbers that consist of set by numbers ADDITION INTEGERS-we can used the number line as a model to help us visualize adding and subtracting of signed integers. Just think of addition and subtraction as direction on the number line. There are also several rules and properties that define how to perform this operation. SUTRACTION INTEGERS-to add integers with different signs keep the sign of the number with the larges absolute value and subtract the smallest absolute value from the largest MULTIPLICATION INTEGERS-a product of a negative integer and a positive integer is a negative integer -The product of two positive integers or two negative integers is a positive integer that means if you multiply two of the same sign numbers the product is always positive DIVISION INTEGERS- Integers are the set of whole numbers and their opposites the sign integers is positive of the number is less than zero. COMPARISON OF A NUMBERS THE RATE-the amount degree etc. of anything relation to units of something else as the race of interest, the rate growth the rate of pay per month the foreign exchange rate etc. the rate can be expressed in percent decimal or fraction of the based. THE BASE-to which the problem refers THE PERCENTAGE-refers to the actual quantity of numbers of items represented by the rate if the base is in peso units the percentage must also be express in pesos. RATIO AND PROPORTIONS-ratio is an arithmetic relationship between two amounts showing the proportion of are to the other. MARK ON BASED ON COST-many retailer however express present or fraction of the cost and goods to be sold this MARK ON varies from one stone to another product to product MARK DOWN-sometimes whole seller or retailer reduces prices on various items. MARK UP-The amount by which regular selling price is increases is what we call is MARK UP. MONEY-is an important commodity to all of us power FUNCTION OF MONEY 1.) Medium of exchange
2.) Measure relative value
3.) Store of value MARKETING-needs and warts through exchange process EXCHANGE-occurs when they are two parties are involved and have ability to delivered. 2 BROAD CATEGORY MARKETING 1.) MACRO MARKETING- begins with the study of the broad marketing system. 2.) MICRO MARKETING- it is the study of individual units and examination of the individual consumers and business organization and industries. PRODUCT-it is an item that can be sold BRAND NBAME-name of particular brand. BRAND-The name of particular WARRANTY-it is the assurance of confirmation of a particular product. TRADE MARK-Logo or symbol and identification BUSINES- maybe define as an activity through which one provides others with some good or services with the purpose of obtaining income which to acquire other goods or service. INADIQUATE SALES-because of a business maybe selling product or services that people dont need or want or the product may not be as good or as well be known computing. COMPETENCE OR MISMANAGEMENT-a business may not know how to deal with his own employees or with his costumers. INADEQUATE RECORDS-owner of business must know all time the cost of doing business. A business is only profitable if its revenues. Exit the cost to keep tract of cost revenues. Business owner must keep good of cost revenues...