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8th grade Unit 1(b)
| Term | Definition |
|---|---|
| Equation | a statement that the values of two mathematical expressions are equal/the same as indicated by the = sign. |
| Expression | is a mathematical phrase that can contain ordinary numbers, variables (like x or y) and operators (like add,subtract,multiply, and divide). It is different from an equation because it does not have an equal sign in the middle. |
| Inequality | a statement that the values of two mathematical expressions are related by either one being "less than"(<) or "greater than"(>) the other. |
| compounded annually | interest rate is applied to the original principal and any accumulated interest yearly. |
| deposit | The amount put in (to the bank) |
| tuition | a sum of money charged for teaching or instruction by a school, college, or university. |
| withdraw | The amount taken out (of the bank) |
| minimum amount | The smallest limit or value of something |