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7th Math C3 Savvas

Pruit 7th Math C3 Savvas

TermDefinition
interest rate the percent of principal calculated for interest
markup the amount of increase from the cost to the selling price
markdown the amount of decrease from the selling price to the sale price
percent change the percent something increases or decreases from its original measure of amount
percent equation describes the relationship between a part and a whole
percent error describes the accuracy of a measured or estimated value compared to an actual or accepted value
percent markdown the markdown as a percent decrease of the original selling price
percent markup the markup as a percent increase of the original cost
principal the original amount of money deposited or borrowed in an account
simple interest interest paid only on an account's principal
bar diagram a way to represent part to whole relationships
constant of proportionality y over x only if the graph goes through the origin
equation a mathematical sentence that includes an equal sign to compare to expressions
equivalent ratios ratios that express the same relationship
expression a mathematical phrase that can involve variables, numbers, and operations
greater than shows a comparison of two numbers with the number of greater value shown first, or on the left
inverse relationships relationships between operations that "undo" each other, such as addition and subtraction, or multiplication and division (except multiplication or division by 0)
less than shows a comparison of two numbers with the number of lesser value shown first, or on the left
negative integer numbers less than zero
opposites two numbers that are the same distance from zero on a number line, but in opposite directions
percent a ratio that compares a number to 100
positive integer numbers greater than zero
proportion an equation stating that two ratios are equal
porportional relationship when a relationship can be described by equivalent ratios
rate a ratio involving two quantities measured in different units
ratio a relationship in which for every x units of one quantity there are y units of another quantity
reciprocal the relationship of two numbers when their product is 1.
tax a mandatory financial charge computed as a percentage of an item's price or an individuals income
unit rate the rate for one unit of a given quantity
variable a letter that represents an unknown value
 



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