Decimals, Fractions, and Percents Flashcards
Gross profit
Revenues minus expenses, or selling price minus cost
principal (loan or investment)
The original loan or investment amount
Simple annual interest
(principal) × (interest Rate) × (time)
Compound interest
based on the principal plus any interest already earned
Compound interest over n periods
(principal) × (1 + interest per period)^n − principal
Trick for solving word problems with percents and fractions
Organize information in a table
Equivalent Fraction
Same Number
Reducing to lowest terms
Divide each fraction’s numerator and denominator by the greatest common divisor
Greatest Common Divisor
Largest factor common to that numerator and that denominator
reciprocal of fraction
n / d is d / n, if n and d are not 0
mixed number
an integer next to a fraction
consecutive integers
For any integer n, the numbers in the set {n, n + 1, n + 2, n + 3,…}
If x and y are integers and x ≠ 0, then x is a divisor or factor of y if
y = xn for some integer n
quotient
Dividing a positive integer y by a positive integer x, and then rounding down to the nearest nonnegative integer
composite number
integer greater than 1 that’s not prime