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19 Cards in this Set
- Front
- Back
compound interest |
interest paid on the initial principal and on interest earned in the past |
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dimensional analysis |
the process of including units of measurement when you compute |
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discount |
the amount by which a regular price is reduced |
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interest |
the amount of money paid or earned for the use of money |
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like fractions |
fractions that have the same denominators |
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markup |
the amount the price of an item is increased above the price the store paid for the item |
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multiplicative inverses |
two numbers with a product of one example: ⅔ is 3/2 |
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percent equation |
an equivalent form of a percent proportion in which the percent is written as a decimal |
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percent of change |
a ratio that compares the change in quantity to the original amount |
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percent proportion |
compares part of a quantity to the whole quantity using a percent |
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principal |
the amount of money invested or borrowed |
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rational number |
numbers that can be written as the ratio of two integers in which the denominator is not zero example: integers, fractions, mixed numbers, percents |
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reciprocals |
the multiplicative inverse of a number (product is 1) |
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repeating decimal |
a decimal whose digits repeat in groups of one or more |
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sales tax |
an additional amount of money charged on certain goods and services |
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selling price |
the amount a customer pays for an item |
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simple interest |
interest paid only on the initial principal of a savings account or loan |
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terminating decimal |
a decimal whose digits end |
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unlike fractions |
fractions whose denominators are different |