BM12-Summative 2.1

  It is a fee paid to person who makes a sale.

   It is a type of commission where a person gets paid a salary and a percentage of his/her sales.

 It is a type of commission where the percentage changes based on how much someone sells.

  It is a type of commission where a person is paid a percentage of his/her sales only.

It is the other term for Book Balance.

This refers to the amount of borrowed money.

It is the first payment that one makes when he/she buys something with an agreement to pay the rest later.

It refers to the method of calculating the interest amount for some principal amount of money.

This is calculated by getting the sum of Interest and Principal.

It refers to the total amount of money a bank has on deposit before adjusting for uncleared checks or deposits, as well as reserve requirements.