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Chapter 7: Percent

Chapter 7 vocabulary


AB
percenta ratio where the first term is compared to one hundred 25%, 100%
discountthe amount by which the regular price of an item is reduced (save $$)
principalthe amount of money borrowed or loaned
interesta charge for the use of money, paid by the borrower to lender
simple interestinterest paid only on the principal, found by taking the product of the principal, rate, and time (I = p x r x t)
fractiona number less than one (1/2)
decimala number with one or more numbers to the right of the decimal point (0.24)
hundredthstwo places to the right of the decimal point (0.24)
compatible numbersnumbers that are easy to compute mentally
ratioa pair of numbers that shows a comparison of two quanities (5:3; 5 to 3; 5/3)
tenthsone place to the right of the decimal point (0.2)