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Class notes

Financial Math

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Notes for the Financial unit of my Mathematical Reasoning class. Covers APRs, APYs, profit margins, interest rates.

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Text Book
Knowledge :

-

v
.
=
"Per 100" or "parts per 100"
301 30/100 0 30
-
= = .




to convert percent decimal , by
-




100 the decimal
or more two
spots
to the
right
calculate
percent divide whole
by
to
-




part
-




percent= Part/whole
-



Part =
percent whole
Absolute
Change of
change
:
amount
-




in dollars people
if value
,
etc.
Changeif is
positive
down
goes up ,
negative value
goes
Absolute
change-ending amount
-
-




&

starting amount
Relative change amount of charge :
-




as a
percentage
.
of the
starting
amount
ending amount-starting amount I
-Relative
absolute
Change
Change ex :
=

starting
$133-$128 $5 =
amount
$5 is absolute
relative
change
is
amount $5-$128 = 0 039 change an


starting
.




increase Of 3 9.

Document information

Uploaded on
November 19, 2024
Number of pages
2
Written in
2024/2025
Type
Class notes
Professor(s)
Leanne robertson
Contains
All classes
$6.49

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