Tenor Chapter 6 Pre-Algebra
Terms in this set (13)
Interest paid on the initial principal and on interest earned in the past.
The amount by which the regular price of an item is reduced.
The amount of money paid or earned for the use of money.
The amount the price of an item is increased above the price the store paid for an item.
An equivalent form of the percent proportion, where % is written as a decimal. Part = % times Whole
A measure of the difference between an estimate, prediction, or measurement and the actual value.
percent of change
The ratio of the increase or decrease of an amount to the original amount.
percent of decrease
The ratio of an amount of decrease to the previous amount, expressed as a percent. A negative percent of change.
percent of increase
The ratio of an amount of increase to the original amount, expressed as a percent.
part/whole = %/100 or a/b = p/100
The amount of money in an account.
The amount a customer pays for an item.
The amount of money paid or earned for the use of money. I=prt (Interest = principal x rate x time)
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