Chapter 11: Consumer Mathematics 3 explores key financial concepts including simple interest, investments, credit, and amortization schedules. It assesses understanding of practical financial tools and their application in everyday consumer decisions.
Percent
Interest
APY
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Fixed Investment
Principal
Banker's Rule
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The interest that is equal to the principal times the rate times the time
A guideline in which the year is considered to have 360 days
The use of capital for income or profit
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Point
Percent
APY
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Equity
Amortization Schedule
Mortgage
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Fixed Investment
Variable Investment
Equity
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Fixed Investment
Variable Investment
Investment
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US rule
Banker's Rule
Partial payment
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APY
ARM
APR
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Amortization schedule
Percent
Principal
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Banker's Rule
Investment
Mortgage
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Credit
Principal
Mortgage
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ARM
APR
APY
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Closing Costs
Finance charge
Total Installment price
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Actuarial method
Arg. daily Bal method
Unpaid balance method
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Compound interesr
Banker's Rule
APY
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Interest
Sercurity
Principal
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Open -end Installment loan
Total Installment price
Down Payment
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Mortgage
Simple interest
Down payment
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Unpaid balance method
Actuarial method
Arg.Daily Bal method
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ARM
APY
APR
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Bank discount
Discount note
Down payment
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Closing costs
Fixed investment
Variable Investment
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Simple Interest
Principal
Finance charge
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Fixed Investment
Finance charge
Credit
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Principal Payment
Interest
Credit
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Finance Charge
Closing Costs
Arg.Daily Bal. Method
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Total Installment price
Finance charge
Closing costs
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Discount note
Amortization Schedule
ARM
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