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Simple and Compound Interest Fill in the blank

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Financial Literacy

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8th grade math
financial literacy
simple interest
compound interest
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Tyrone Greaves
Tyrone Greaves
Estados Unidos

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Simple and Compound Interest Fill in the blank

Financial Literacy

Tyrone Greaves
1

balance ^ simple interest r time t PRT invested compound earned Compound simple balance 1 add subtract Principal Interest principal

1 . ? the amount of money paid or earned for the use of money

2 . The should always be in or converted to years when using simple or compound interest formulas .

3 . ? the amount of money in an account indicated in word problems by using synonyms like .

4 . I = PRT is the formula for - interest - formula

5 . A question like , " Who earned more ? " is asking for the interest - .

6 . A question like , " Who had more ? " is asking for the account - .

7 . interest earns more than Simple - interest !

8 . The output of a simple interest formula is the earned .

9 . To find the account balance of a simple interest problem you must the .

10 . The output of a compound interest formula is the account .

11 . To find the interest of a compound interest problem you much the principal .

10 . I = is the interest formula and A = P ( + ) ( ) is the interest formula .

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