It is defined to be the capacity of a commodity to satisfy human want

Reduction in the level of nation income and output usually accompanied by a fall in the general price level

It is sometimes called the second hand value

How much do ten P2000 quarterly payments amount at present if the interest rate is 10% compounded quarterly

This consists of a cash and account receivable during the next period or any other material which will be sold

These are products or services that are required to support human life and activities that will be purchased in somewhat the same quantity event though the price varies considerably

The difference between the present value and the worth of money at some time in the future is called

What is the effective rate of interest if P1000 is invested at a nominal rate of 15% compounded quarterly?

The length of time which the property may be operated at a profit

A man bought an equipment costing P30,000 payable in 12 quarterly payments, each installment payable at the beginning of each period. The rate of interest is 24% compounded quarterly. What is the amount of each payment

A man purchased a house for P425,000. In the first month that he owned the house, he spent P75,000 on repairs and remodeling. Immediately after the house was remodeled, he was offered P545,000 to sell the house. After some consideration, he decided to keep the house and have it rented for P4,500 per month starting two months after the purchase. He collected rent for 15 months and then sold the house for P600,000. if the interest rate was 1.5% per month, how much extra money did he make or lose by not selling the house immediately after it was remodeled

This occurs in a situation where a commodity or service is supplied by a number of vendors and there is nothing to prevent additional vendors entering the market.

An investor has an option to purchase a tract of land that will be worth P20,000 in seven years. If the value of the land increases at 9% each year, how much should the investor be willing to pay now for this property?

What is the accumulated amount of five years annuity paying P 6000 at the end of each year, with interest at 15% compounded annually?

It is where the original record of a business transaction is recorded

The addition cost of producing one more unit is

Parties whose consent or signature in a contract is not considered intelligent

A plant bought a machine for P200,000 and used it for 10 years, the life span of the equipment. What is the book value of the machine after 5 years of use? Assume a scrap value of P20,000. Use double declining balance method

A market situation in which two competing buyers exert controlling influence over many sellers

Form of paper money issued by the central bank.