7th Grade Math: Unit 03 Vocabulary

Front

What is the term for 'the increase in value over time'?

Back

appreciation

Front

Term for 'a monthly or yearly spending and savings plan for an individual, family, business, or organization'

Back

budget

Front

Term for 'pay based on a percentage of the sales or profit made by an employee or agent'.

Back

commission

Front

What is the term for 'a constant ratio between two proportional quantities y/x, denoted by the symbol k'?

Back

constant of proportionality

Front

Term for 'a ratio when the dependent, y-value, changes at a constant rate for each independent, x-value'.

Back

constant rate of change

Front

the decrease in value over time

Back

depreciation

Front

Payment for goods and services

Back

expense

Front

What is the term for 'expenses that are consistent from month to month'?

Back

fixed expenses

Front

What is the term for 'money earned or received'?

Back

income

Front

What is the term for 'a percentage of money paid on the earned wages of an individual or business for the federal and/or state governments as required by law'?

Back

income tax