Explanation of each topic and operations

Linear Equation/Graph

Simple and compound interest

SIMPLE INTEREST

A simple interest is fast and accessible technique on find out the charge in the interest on a loan. In addition it measured by the multiplication of the interest on daily basic that is followed by the rule in the number days that elapse between the payments

 THESE WHAT THE WORD MEANT:

I = Interest paid

P = Principal

R = Annual interest rate

T = Time (in years)

COMPOUND INTEREST

A compound interest is that is followed by the interest on the following initial agreement and it will be total up together by the interest of previous periods of a deposit or loan.

Compound interest formula:

A =Amount at the end

P = Principal (amount at start)

r = Annual interest rate (as a decimal)

n = number of times per year that interest in compounded

t = time (in years)

What are the difference between simple and compound interest?

There are two ways for a lender to charge interest on a loan, which are the simple and compound interest methods

There given two alternative method when find out the charge on the loan which are simple and compound interest

• Simple interest, is  interest that is pad on the principal of a loan and not on the any interest from previous periods of the loan or deposit
• Compound interest, interest that is pad  not only on the principal of a loan or deposit  but also accumulated interest from the  previous period of the loan or deposit

AMOUNT CHARGED

For compound interest is much higher than simpler interest because simple interest deposit involve accumulated interest. So that mean the compound interest can varied based on how well the compound interest is calculation occurs.

PAYOFF

There will be no accurate interest from simple interest, it is less expensive for the borrower to pay off a simple interest loan.

PRINCIPAL

The determine amount of interest have been given to lender but since simple interest stay the same regard by anything but compound interest changed it interest by period of time thus make it higher than the simple interest

Algebraic Equations

This definition that bring equal in both side that being used by the set of variable in the algebraic equation for example addition, subtraction, multiplication, division, raising to a power, and extraction of a root. These are the example below:

·         Addition

·         Subtraction

·         Multiplication

·         Division

The purpose of this system is to concluded the final number if there been deducted from a subtraction or being added by the addition

Example of algebraic equation: 3y = 2 - 11

3y = 2 – 11

3y = -9

y = -9/3

y = -3

So, Y is equal to -3.