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SHHS Maths - Higher > Percentages > Flashcards

Flashcards in Percentages Deck (9)
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1

What is simple interest?

The same amount of interest each year

2

What is compound interest?

Find the new amount of interest each year 

3

To increase by 5% multiply by

1.05

 

(1 + 0.05)

4

To decrease by 15% multiply by

0.85

 

(1 - 0.15)

5

To decrease by 5% multiply by

0.95

 

(1 - 0.05)

6

To increase by 15% multiply by

1.15

 

(1+0.15)

7

Depreciate means

decrease

8

To increase by 60% multiply by

1.60

 

(1 + 0.6)

9

To decrease by 30% multiply by

0.7

 

(1 - 0.3)