Trading good for good
What is bartering
the money that knights made from their conquests during the Crusades
the percent of money added to the wholesale price by a company to be sold in their store
1. benefits the buyer
2. people's willingness to buy it
The place where the knights stored their gold
What are castles?
How you turn a decimal into a percent
What is moving the decimal twice (2 places) to the right?
the amount of money it costs to manufacture (make) a product
What is wholesale price?
1/2 of $50
What is $25?
a percentage of money that is added to the principal
What is interest?
What is a percent?
What is a discount ?
The paper that knights took to represent their money in the castle
What is a receipt?
the amount of money a company needs to borrow
What is the principal?
how to calculate interest over time? (formula with letters)
What is P x R x T?
The amount of money you make when you work at a job or money made from sales
What is profit?
What is a bank?
what is a credit card?
A percent of money given to a server/wait person at a restaurant.
What is a tip?