MATH101 Flashcards
______ person or institution who invests money or makes the funds available.
Creditor –
_______person or institution who owes the money or avails the funds from the creditor.
Debtor –
_______date on which money is received by the debtor.
Origin or loan date –
_________date on which the loan is to be completely repaid.
Maturity date –
_______amount of time in years the money is borrowed or invested; length of time between the origin and maturity dates.
Time or term –
______amount of money or invested on the origin date.
Principal –
_______annual rate, usually in percent, charged by the creditor, or rate of increase of the investment.
Rate –
_____amount paid or earned for the use of money.
Interest –
_______It is a method of interest that always applies to the original principal amount, with the same rate of interest for every time cycle.
Simple Interest
The ______________ is the total amount paid including the interest.
future value or maturity value
PRINCIPAL FORMULA
P=I/rt
RATE FORMULA
R=I/pt
TIME FORMULA
t=I/pr
INTEREST FORMULA
I=Prt
interest earned and the total amount you have to pay formula
F= P(1+rt)
The ________is the interest computed on the principal and also on the total accumulated past interest.
compound interest
Compound Interest Formula
F=P(1+i)^n
Where n = mt m = compounding period
I = j/m j = nominal rate
In geometry, a ________ can be defined as a flat or plane, two-dimensional closed shape bounded with straight sides.
polygon
Type of polygon where all angles and all sides are equal.
Regular
Type of polygon which has 8 sides and has 135 degree interior angle.
Octagon
Type of polygon which has 10 sides and has 144 degree interior angle.
Decagon
This is when we cover a surface with a pattern of flat shapes so that there are no overlaps or gaps.
Tessellation
How many sides does a Hexagon has?
Six
The word tessellation is derived from the Greek “tesseres”, which means?
Four
It is the simplest symmetry because it is easy to see, one half is the reflection of the other half.
Reflection Symmetry
It is also called Radial Symmetry.
Rotational Symmetry
A polygon that has no angles pointing inward.
Convex
If any internal angles are greater than 1800, it is a _____.
concave
If all angles are equal and all sides are equal, it is _____
regular
A _____ is a pattern made by repeating a regular polygon.
regular tessellation