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Unit 3-Consumer Math

Vocabulary

QuestionAnswer
sales tax The additional amount of money charged on items that people buy
tip gratuity given directly to someone for performing a service or menial task
discount The amount by which the regular price of an item is reduced
sale price The final price after a discount is taken
original price The cost of an item before taxes or discounts
simple interest The amount paid or earned for the use of money
principal The amount of money deposited or invested
Created by: lgoode
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