1. Section 1

1.4. Refresher

Mathematics 20-3 Module 2

Section 1: Simple and Compound Interest

 

Refresher

 

If you don’t know the answers for Are You Ready?, or require more information, study the following information about percentages.

 

This data clarifies why changing a percent to a decimal numeral means moving the decimal in the percent two places to the left.


The following clarifies why changing a decimal to a percent means moving the decimal point two places to the right.

  1. Use proportional reasoning. Let the required percentage be n%.



    1. So, 0.25 = 25%



    2. So, 3.2 = 320%



    3. So, 0.001=0.1%

Go back to Are You Ready? and try the questions again. Contact your teacher if you continue to have difficulty.