Fractions, Decimals, Percents Flashcards
1
Q
What are reciprocals?
A
Numbers that when multiplied together equal 1
2
Q
Simple interest
A
Principal (P) x Rate (r) x Time (t)
3
Q
Compound Interest
A
P (1 +r/n)^(nt) where P = principle, r = rate (as a decimal), n = number of times per year, y = years
4
Q
1/50
A
2%
5
Q
1/9
A
11.1% (~.111)
6
Q
1/8
A
12.5%
7
Q
1/6
A
~16.7%
8
Q
3/8
A
37.5%
9
Q
5/8
A
62.5%
10
Q
5/6
A
83.3% (~.833)
11
Q
7/8
A
87.5%
