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5 terms

Ch 7 Percent

STUDY
PLAY
percent
A ratio where the first term is compared to 100.
discount
The amount by which the regular price of an item is reduced.
principal
An amount of money borrowed or loaned.
interest
A charge for the use of money, paid by the borrower to the lender.
simple interest
Interest paid only on the principal, found by taking the product of the principal, rate, and time.