About This Chapter
How It Works:
- Identify the lessons in the Saxon Other Types of Equations chapter with which you need help.
- Find the corresponding video lessons with this companion course chapter.
- Watch fun videos that cover the equations topics you need to learn or review.
- Complete the quizzes to test your understanding.
- If you need additional help, rewatch the videos until you've mastered the material or submit a question for one of our instructors.
Students will learn:
- Finding simple interest rate
- Compounding interest formulas
- Markup and markdown
- Commission and profit
- Parabolas in various forms
Saxon is a registered trademark of Houghton Mifflin Harcourt, which is not affiliated with Study.com.
1. How to Find Simple Interest Rate: Definition, Formula & Examples
When we borrow a certain sum of money over a period of time, we agree that we will pay it back, along with a fee, known as the interest owed. Similarly, when we invest a sum of money in a savings account, the account earns us interest. This lesson will show you how to calculate a certain type of interest called simple interest.
2. Compounding Interest Formulas: Calculations & Examples
Compound interest is a great way to have your money work for you. In this lesson, find out the formula for calculating compound interest and practice using the formula with several examples.
3. Markup & Markdown: Calculation & Examples
After watching this video lesson, you will become familiar with how stores price their products to make a profit. Learn about how they increase their prices, markup, and how they decrease their prices, markdown.
4. Commission & Profit: Definitions, Equations & Examples
When a business sells a product, it needs to know if it is making money, and employees need to know how their pay is calculated. In this lesson, you will learn about calculating profit and commission.
5. Parabolas in Standard, Intercept, and Vertex Form
By rearranging a quadratic equation, you can end up with an infinite number of ways to express the same thing. Learn about the three main forms of a quadratic and the pros and cons of each.
Earning College Credit
Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the Saxon Algebra 1/2 Homeschool: Online Textbook Help course
- Saxon Algebra 1/2: Whole Numbers & Operations With Whole Numbers
- Saxon Algebra 1/2: Fractions
- Saxon Algebra 1/2: Decimal Numbers
- Saxon Algebra 1/2: Roman Numerals
- Saxon Algebra 1/2: Graphs of Data
- Saxon Algebra 1/2: Graphs on the Coordinate Plane
- Saxon Algebra 1/2: Sets
- Saxon Algebra 1/2: Real Numbers
- Saxon Algebra 1/2: Number Theory
- Saxon Algebra 1/2: Properties of Real Numbers
- Saxon Algebra 1/2: English & Metric Measurement
- Saxon Algebra 1/2: Conversion by Unit Multipliers
- Saxon Algebra 1/2: Ratio & Proportion
- Saxon Algebra 1/2: Percent
- Saxon Algebra 1/2: Exponents
- Saxon Algebra 1/2: Roots
- Saxon Algebra 1/2: Probability
- Saxon Algebra 1/2: Statistics
- Saxon Algebra 1/2: Simplifying Expressions
- Saxon Algebra 1/2: Polynomials
- Saxon Algebra 1/2: Simplifying and Solving Equations
- Saxon Algebra 1/2: Linear Equations
- Saxon Algebra 1/2: Functions & Trigonometry
- Saxon Algebra 1/2: Lines, Points, Segments, and Planes
- Saxon Algebra 1/2: Angles
- Saxon Algebra 1/2: Polygons
- Saxon Algebra 1/2: Circles
- Saxon Algebra 1/2: Triangles
- Saxon Algebra 1/2: Geometric Solids
- Saxon Algebra 1/2: Perimeter and Circumference
- Saxon Algebra 1/2: Area
- Saxon Algebra 1/2: Surface Area and Volume
- Saxon Algebra 1/2: Constructions
- Saxon Algebra 1/2: Pythagorean Theorem