WA - Real Estate Math
Study online at https://quizlet.com/_2bhiep
1. Simple Interest Money that is paid only for amount of principal the borrower still owes. When
money is repaid to lender, the payments stop.
2. Formula for comput- Interest = principal x rate x time
ing Simple Interest
3. Simple Interest Calculated only on remaining loan balance.
4. Compound Interest Defined as interest which is computed on principal amt plus accrued interest
5. Formula for comput- Compound amount = Initial deposit (1 + Interest rate)n
ing Compound In-
terest
6. Area Always expressed in square ft or square yds:
7. Area of a square Area = side x side
8. Area of a rectangle Area = length x width
9. Front Foot parcel of propty measured of property's frontage on road or highway or across
front of property (width)
10. Simple interest Interest paid on principal only
11. Compound interest Interest paid on both principal and unpaid accrued interest
12. Area of triangle Area = 1/2 base x height
13. Area of irregular lot 1. ÷ shape into regula rectangle, square or triangle
or room 2. Compute area for ea figure
3. Add areas together to get total area of parcel
14. Price per square Divide sales price of home or land by calculated area
foot calculation
1/3
Study online at https://quizlet.com/_2bhiep
1. Simple Interest Money that is paid only for amount of principal the borrower still owes. When
money is repaid to lender, the payments stop.
2. Formula for comput- Interest = principal x rate x time
ing Simple Interest
3. Simple Interest Calculated only on remaining loan balance.
4. Compound Interest Defined as interest which is computed on principal amt plus accrued interest
5. Formula for comput- Compound amount = Initial deposit (1 + Interest rate)n
ing Compound In-
terest
6. Area Always expressed in square ft or square yds:
7. Area of a square Area = side x side
8. Area of a rectangle Area = length x width
9. Front Foot parcel of propty measured of property's frontage on road or highway or across
front of property (width)
10. Simple interest Interest paid on principal only
11. Compound interest Interest paid on both principal and unpaid accrued interest
12. Area of triangle Area = 1/2 base x height
13. Area of irregular lot 1. ÷ shape into regula rectangle, square or triangle
or room 2. Compute area for ea figure
3. Add areas together to get total area of parcel
14. Price per square Divide sales price of home or land by calculated area
foot calculation
1/3
