Define the (i) Simple rate (ii) Flat Rate and (iii) Block-Rate.
Answers
Answered by
0
a rate or charge that does not vary, being the same in all situations. a flat rate of 9% Fees are charged at a flat rate , rather than on a percentage basis. a single flat rate of income tax. modifier flat-rate
Sinple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
certain price charged for the first definite number of units (as of electricity) used : a successively lower price for each additional block used
hopefully i'm right ..
Thank you
Sinple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
certain price charged for the first definite number of units (as of electricity) used : a successively lower price for each additional block used
hopefully i'm right ..
Thank you
Similar questions