Math-statistics & probability Flashcards
1
Q
simple interest
A
I = PRT
where
I - interest
P - principal value
T - time in years
2
Q
Compound interest
A
I = P(1 + r/m)^(m*t)
Where
I - interest
P - principal value
r - rate
m - compounding period (annually, semi-anually, monthly, yearly, everyday, etc.)
t - time in years
3
Q
discount formula
A
(amount discounted)/original price
4
Q
No. of cards in the standard deck of cards
A
52
5
Q
Components of the standard deck of cards
A
TOTAL: 52
4 SUITES: Heart, Diamonds, Spades, Flower
3 FACE CARDS: Jack, King, Queen
PER SUITE: 3 face cards, A, 2-10 (total of 13 per suite)
