Vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| What is balance? | It is the principle + the earned interest. ex: B = p(1 + r)n ( the n is an exponent) replace p w/ 400, r w/ 0.05, and n w/ 4.B = 400(1 + 0.05)4 ( the four is an exponent)B = $486.20
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| What is are compound inequalities? | They are two inequalities joined by the word AND or the word OR.ex: x > 4 and x 6
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| What is a compound interest? | It is interest paid on both the principal and the interest earned in previous interest periods.ex: (see formula used for balance) 500(1 + 0.05)6 (the six is an exponent), or $670.05 The compound interest is $670.05 - 500 or $170.05
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| What are consecutive integers? | They are a seqequence of integers obtained by counting by ones from any integer.ex: -5, -4, -3
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| What is interest? | A sum paid or charged for the use of money or for borrowing money. NO EXAMPLE SHOWN
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| What is an interest rate? | The percentage of the balance that an account or investment earns in a period of time.ex: a saving account pays 2 and 1/4% per year.
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| What is a principal? | The initial amount of an investment or loan. NO EXAMPLE SHOWN
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| What is a simple interest? | Interest paid only on the principle, the initial amount invested or borrowed.ex: simple interest on $1000 at 5% for 2 yrs or 1000 * 0.05 * 2 or $100.
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To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
ling97
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