1. Sarah wishes to turn her P 10000 investment into P 100000 in 20 years. How much interest does she need to receive compounded annually to reach her goal? 2. Gio promised to pay Php 36000 at the end of 90 days. He was offered a 12% discount if he pays in 30 days. Find the rate of interest.   3.  What is the uninflated present worth of a Php 200,000 future value in two years if the average inflation rate is 6% and interest rate is 10%

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Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.