Vocab

Question 0

Constant of variation

Answer 0

The number that does not change in the equation

Question 1

Direct variation

Answer 1

When the ratio to variable quantity is constant variables very directly. pass through the origin.

Question 2

Percent.

Answer 2

Out of 100.

Question 3

Percent of change

Answer 3

Percent a quantity increases or decreases from its original amount

Question 4

Discount –

Answer 4

The amount by which the regular price is reduced

Question 5

Sale price

Answer 5

Selling price the price of an item after the discount has been reduced

Question 6

Markup

Answer 6

The amount of increase in price

Question 7

Interest

Answer 7

Money paid or earned for the use of someone else’s money.

Question 8

Interest rate

Answer 8

Rate at which interest is calculated percentages –

Question 9

Principal

Answer 9

The amount of money loaned or borrowed

Question 10

Simple interest

Answer 10

Interest calculated only on the principle.

Question 11

Compound interest

Answer 11

Interest paid on the original principal and on any interest that has been left in the account