Unit 9: Vocab
Across
- 5. (r): The rate of interest per year (as a decimal).Interest rates are typically expressed as percents, so they must be written as decimals to be used in the formula I =prt.
- 6. Interest: The formula to calculate simple interest is I=prt, where I is the interest, p is principal, r is the interest rate per year, and t is the time in years.
- 8. Down: A reduction in price
- 11. System : A system of measurement used in the U.S. The system include units for measuring.
- 12. Error: Percentage value that tells how close or how far off a measure (experimental) value is from the predictive (accepted) value.
- 13. Value: The value in a situation that is the experimental of actual value
- 14. Product: The product of numbers on the diagonal when comparing two ratios
- 15. (p): The amount of money deposited, borrowed, or invested.
- 16. The amount by which a price is decreased
- 19. A percent of the cost of an item, which is charged by governments to raise money.
- 20. Payment made for services
Down
- 1. An amount that is collected or paid for the use of money
- 2. (gratuity): The amount of money added to a bill for service; usually a percent of the bill.
- 3. Value: The value in a situation that is the real, accepted, and true value.
- 4. (t):Time, in years, that the money earns interest
- 7. The principle plus the interest
- 9. Pay that is equal to a percent of sale
- 10. System : A system of measurement based on tens. The basic unit of capacity is the liter. The basic unit of length is meter. The basic unit of mass is the gram.
- 13. Up: Added cost of merchandise to arrive at the selling price of an item
- 17. A cent is equivalent to 1/100 of a dollar in US circulation
- 18. Ratio that compares a number to a hundred.