Search
Create
Log in
Sign up
Log in
Sign up
GMAT Percent & Interest
STUDY
Flashcards
Learn
Write
Spell
Test
PLAY
Match
Gravity
Terms in this set (9)
What is the Definition of a Percent?
Percent is a way of expressing a number as a fraction of 100
(per cent meant "per hundred")
Can two different Successive Percents be added together?
aka: when a value it changed by two differnet Percents
Can NEVER be added together, They MUST be Multiplied
What Equation do you use to find the value of a new Object?
Original + Change = New
What is the Equation you use when you want to find the CHANGE IN PERCENT or a CHANGE IN ACTUAL VALUE?
What is the equation you use when you want to find the NEW PERCENTAGE or the NEW VALUE?
What is the difference between a CHANGE IN PERCENT & a NEW PERCENTAGE?
The difference between the two is that the CHANGE IN PERCENT is asking how much the percentage has changed as a fraction of the original percent, and a NEW PERCENTAGE is asking what the new percentage is.
What is the difference between a CHANGE IN ACTUAL VALUE and a NEW VALUE?
The difference between the two is that the CHANGE IN ACTUAL VALUE is asking how much difference it between the two given values is it's units, and NEW VALUE is asking for what the new value of an object is after changing.
What is the Simple Interest EQN?
Simple Interest =
Principal x Interest Rate x Time
Rate: how much the money grows per unit time; show as decimal
Compound Interest
P=Principal
r=rate; in decimal Form
n=number of times a year
t= Number of Years
YOU MIGHT ALSO LIKE...
Numbers & Animals Vocabulary | Everyday Traditional Mandarin Chinese
Chineasy
$4.99
STUDY GUIDE
Quantitative Reasoning Test 1
73 Terms
Tobhiyah
Unit 4 Ratios and percent
36 Terms
benguo03
Chapter 2 Practice
14 Terms
Emily_Baylor
OTHER SETS BY THIS CREATOR
Ch. 3
8 Terms
Bob5656
Oklahoma City University MGMT 6543-10 Ch. 3
11 Terms
Bob5656
Oklahoma City University MGMT 6543-10 Ch. 6
14 Terms
Bob5656
Ch. 5
5 Terms
Bob5656
THIS SET IS OFTEN IN FOLDERS WITH...
Decimal to Fraction Equivalents GMAT
48 Terms
FiveDollars
GMAT: Ratios, Mixtures, and Weights
6 Terms
Vanessa_Radatus
KAPLAN Critical Reasoning
32 Terms
maryellengaughan
GMAT Even, Odd, Negative, & Positive Number Properties
20 Terms
Bob5656
;