LeArNed NeW tHiNgS -> bAnK diScOuNt

ToDaY .. Im ReAliSed AbOUt We AcTuAllY BeeN cHeAtED bEcAuSE oF bAnK dIsCOuNt..
DiD u All KnOwN??
AbOuT sImPlE inTerEst AnD BaNk DisCoUnT???
aCtUaLLy.. tHe VaLuE iTs lIKe SAmE bUt... TruLy vAlUe BeTwEEn sImplE iNtEReST aNd BaNk DiScOuNT vEry DiFfEreNcES wHeN we PaId iT aFtER we BoRRoWed..

FoR exAmPlE WE cAn SEE:
When we want to borrows RM 1000 with a bank.. rate charged 4%
with simple interest we get RM 1000 must paid RM 1010..

But???

When we want to borrows RM 1000 with a bank.. rate charged???
with bank discount we get RM 990 with a bank.. must paid RM 1000
will said same percent..
But.. now calculated it.

I=Prt
10=990 r(3/12)
r= 4.04%
r= the rate charged percent .

Now we can see right???
Think about it,,
ok..

STuDy GrOuP

i Do study GrOuP.. wItH mY FrEN.. AnIs, HaSnA n ME.. bUt WE DiDnt Get ThE aNSwER.. oNlY gEt THe AnSwER qUeStIoN 5,6 AnD 8..ThE qUeStIon IS SiMpLE bUt We DiDnT gET tHe ANsWer.. AlThOuGht, WE uSE tHE fOrMuLa GiVen..

tHE OtHER OnE tHe QuEsTiOn My FriEnDS AnD ME dIdNt GeT :

No. 31 .. PaGe 35
A debt of RM900 ON 12 Febuary 2005 became RM 1000 on 25 May 2005
(a) What was the interest rate being charged using the banker's Rule?
(b) What rule be the value of the debt on 20 March 2005 using Banker's Rule??
huhuhu.. I DidNt Get ThE aNwEr..

ToDaY, i Was sTuDyInG SiMpLe InTerESt..

Hmm.. sO.. dIffIcUlT.. tO dO thESE eXeRcIseS..
I,m TrIED.. BuT dIdNt GeT the RiGht AnSwER..
hUh!!

i lOvE BuSSiNeSS mAtH

hMM.. I eNjOyED sTuDY ThIs..
BuSSiNeSS mAtH
I lEaRnEd A NeW thINgS..
hOw To cAlCulAtEd AnD wHaT iT iS?
sUch As..
InTeResT.. SiMpLe InTeReSt..
mArKUp aNd MaRk DoWn..