DISCOUNTS
VOCABULARY
INTEREST/END BALANCE
100

If an item was on sale for 50% off, What percent of its original cost will you pay?

50

100

A bank account used to write checks for payment; allows for use of debit card 

Checking account 


100

If you save $6,600 at a 12% interest rate for 4 years, What is his Interest? THEN, what is his end balance? 

3168 - INTEREST 

9768 - END BALANCE 

200

If a pair of shoes originally cost $160, But you were discounted 15%, What is your new sales price?

136

200

Withdrawing more money from an account than it holds 

overdraw

200

If your principal is $5,000 and your interest rate is 4% and a time of 4 years, What is your end balance?

5,800

300

If a TV originally cost $350, and you were discounted 45%, What is your new sales price?

192.50

300

A document agreement to deposit money into an account for a set amount of time at a set interest rate

Certificate of Deposit 

400

If a couch was discounted by 25%, What percent will you pay for the couches original cost?

75

400

Interest calculated on the principal loan plus all accrued interest

Compound Interest 

500

If an Item originally cost $180.20, But you were discounted 45%, is $100.00 the accurate sales price?

No.

500

A bank account that earns interest

Money Market Account 

M
e
n
u