Basic Mathematics for College Students

562 Chapter 6 Percent EXAMPLE (^4) Short-term Business Loans To start a business, a couple borrowed $5,500 for 90 days to purcha ...

6.5 Interest 563     That is, during the second year, we earn interest on the interestas well as on the original $2,000 prin ...

564 Chapter 6 Percent To find the amount of interest $1,010.50 will earn in the second quarter of the year, we use the simple in ...

Calculating compound interest by hand can take a long time. The compound interest formulacan be used to find the total amount of ...

566 Chapter 6 Percent Solution“Compounded daily” means that compounding will be done 365 times in a year for 7 years. This is th ...

    Complete the table by finding the simple interest earned. 6.5 Interest 567 If $6,000 is invested for 1 year at a rate ...

Calculate the total amount in each account.See Example 5. Suppose $2,000 is deposited in a savings account that pays 3% interes ...

LOAN APPLICATIONS Complete the following loan application. LOW-INTEREST LOANS An underdeveloped country receives a low-interest ...

570 Chapter 6 Percent Percentmeans parts per one hundred. The word percentcan be written using the symbol %. DEFINITIONS AND CON ...

1 Chapter 6 Summary and Review 571 To write a percent as a fraction,drop the % symbol and write the given number over 100. Then ...

572 Chapter 6 Percent Mixed number percents,such as and , can be written as decimals by writing the fractional part of the mixed ...

Chapter 6 Summary and Review 573 Express the amount of each figure that is shaded as a percent, as a decimal, and as a fraction. ...

We can translate percent sentences to percent equations and solve to find the base. Caution!Sometimes the calculations to solve ...

575 We can translate percent sentences to percent proportions and solve to find the amount. To translate a percent sentence to a ...

576 Chapter 6 Percent A circle graphis a way of presenting data for comparison. The pie-shaped pieces of the graph show the rela ...

Chapter 6 Summary and Review 577    Method 2:To find the unknown amount write and then solve a percent proportion. is of This ...

578 Chapter 6 Percent shown below in the table. Draw a circle graph for the data. EARTH’S SURFACE The surface of Earth is appro ...

Chapter 6 Summary and Review 579 There are two methods that can be used to find the unknown sales tax rate: The percent equatio ...

580 Chapter 6 Percent Remove the common factor of 4,000 from the numerator and denominator. On the left side, divide 600 by 4,00 ...

Chapter 6 Summary and Review 581 To find the sale priceof an item, subtract the discount from the original price. Sale priceori ...