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16 Cards in this Set
- Front
- Back
Balance
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beginning balance is the principal in interest problems, ending balance is the principal plus interest acquired
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compounded
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in interest problems, the interest is to be added to the principal at specific intervals and used in the computation of the next interest amount
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dividend
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in interest problems, the amount of interest paid
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Percentage change/percent rise/percent difference etc
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found by dividing the actual amount of change by the numerical starting point then converting to a percent
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principal
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the amount of money invested or loaned upon which interest is paid
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quotient
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the result obtained by dividing
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rate
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how fast an object moves (speed)
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simple interest
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interest calculated by multiplying the principal with the interest rate with the length of time of the investment: I=prt
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velocity
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the speed, or rate at which an object moves
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steps 1-7 (of the problems after the method in the SAT book)
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1. identify what is being asked
2. underline and pull out information you are given in the problem. 3. If you can, set up an equation or some straightforward system with the given information. 4. Identify whether all the given information is necessary to solve the problem 5. carefully solve the equation or work the necessary computation 6. double check that you answered the question 7. Ask yourself whether the question is reasonable... |
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Step 1
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Identify what is being asked... whatever that is find it and CIRCLE IT... helps ensure you're solving for what is being asked
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Step 2
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Underline and pull out information you're given... draw a picture if you can, helps know what you have and can point you to a relationship or equation
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step 4
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identify whether all the given information is necessary to solve the problem. Choose what you need, and don't spend needless energy on irrelevent information
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step 5
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carefully solve the equation or work the necessary computation. Be sure you're working in the same units... keep consistant
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step six
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double-check you answered the question: one of the most common errors in answering word problems is the failure to answer what was actually being asked
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step 7
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check whether the answer is reasonable: Check to make sure that an error in computation or a mistake in setting up your equation did not give you a ridiculous answer.
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