Monday 12/16 Spiral Review

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What is the formula to calculate simple interest?

Back

Simple Interest = Principal × Rate × Time

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If you invest $2,000 at a 5% annual interest rate for 3 years, how much interest will you earn?

Back

$300

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What does it mean to solve for a variable in an equation?

Back

To find the value of the variable that makes the equation true.

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Front

What is the process to isolate a variable in an equation?

Back

Use inverse operations to move terms to the other side of the equation.

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What is a tip and how do you calculate it?

Back

A tip is a percentage of the total bill; calculate it by multiplying the bill amount by the tip percentage.

Front

If your dinner bill at a restaurant is $35.50 and you want to leave a 15% tip, how much would the total cost be?

Back

$40.83