Key Terms Instructions: Please Define the Following Key Terms

question 19

Short Answer

Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
charivari

---

Definitions:

Fraction

A fractional amount that signifies a portion of a whole, distinct from an integer.

Decimal Equivalent

A decimal number that represents the same value as a given fraction or percentage.

Percent Equivalent

The fractional amount expressed as a part of one hundred.

Compound Interest

This form of interest computation involves calculating interest on both the initial principal amount and any interest that has accrued in the past periods on a loan or deposit.