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C2_Chapter 7
Chapter 7 Vocabulary
Question | Answer |
---|---|
Discount | The amount by which the regular price of an item is reduced. |
Percent Equation | An equation that describes the relationship between the part, whole, and percent. part = percent ยท whole |
Percent of Change | A ratio that compares the change in a quantity to the original amount. |
Percent of Decrease | A percent of change when the original quantity decreased. |
Percent of Increase | A percent of change when the original quantity increased. |
Percent Proportion | Compares part of a quantity to the whole quantity using a percent. |
Principal | The amount of money deposited or invested. |
Sales Tax | An additional amount of money charged on items that people buy |
Simple Interest | The amount paid or earned for the use of money. The formula for simple interest is I = prt. |