Unit 4 Vocabulary Review

A decimal that has digits that keep going in the same pattern over and over. The repeating digits are marked with a line above them.

• Repeating decimal

• Terminating decimal

• Sales Tax

• Commission

Money that the government collects based on income, sales, and other activities.

• Discount

• Mark down

• Sales Tax

• Tip

a percentage of a total cost, and it is given in appreciation of a service.

• Principle

• Tip

• Mark Up

• Commission

a decimal which can be expressed in a finite number of digits after the decimal point.

• Repeating decimal

• Principle

• Discount

• Terminating Decimal

A percent taken off of the original price of an item in a store; Percent subtracted from the original amount.

• Mark Up

• Commission

• Repeating Decimal

• Discount

The money earned for the sale of an item; often earned by a salesperson

• DiscountTerminating

• Commission

• Sales Tax

• Mark Up

The amount of money that is borrowed from a bank and lending institution

• Principle

• Commission

• Mark down

• Sales Tax

How much a retailer increases the price over what they paid for it (wholesale price)

• Mark Down

• Sales Tax

• Commission

• Mark Up

A fee paid for borrowing money or other assets.

• Interest

• Mark Up

• Repeating decimal

• Tip

A reduction of the original retail sales price in order to increase sales.

• Interest

• Tip

• Mark down

• Principle