Here are 5 problems from chapter 7-8 problems 4-16 (even only) that I would choose to practice:
Problem 4) $800, 5%, 1 year
Problem 6) $1200, 4.5%, 18 months
Problem 8) $2000, 3.25%, 3 years
Problem 10) $3000, 2.75%, 5 years
Problem 14) $5000, 6%, 2 1/2 years
1. The Stock Market
I can use proportions to solve multi-step ratio and
percent problems, including interest, tax, discounts,
2. $1000
If I gave you $1000, What would you do with
it?
If you put it in a BANK, you would get 4%
back at the end of the year.
Calculate how much you would have in 1 year,
2 years, 6 months and 10 months.
4. I=PRT
I = INTEREST: Amount paid or earned for use
of others money.
(you are interested what you get.)
5. I=PRT
I = INTEREST: Amount paid or earned for use
of others money.
(you are interested what you get.)
P= Principal: The money you put in the bank.
(The principal amount)
6. I=PRT
I = INTEREST: Amount paid or earned for use
of others money.
(you are interested what you get.)
P= Principal: The money you put in the bank.
(The principal amount)
R=Rate: The percentage
(4%: you get $4per $100)
7. I=PRT
I = INTEREST: Amount paid or earned for use
of others money.
(you are interested what you get.)
P= Principal: The money you put in the bank.
(The principal amount)
R=Rate: The percentage
(4%: you get $4per $100)
T= Time: Usually based on one(1) Year.