Did you know.....

• is, is equal to, equals, the same MEANS =
  
• of, the product, times, multiple, multiplied by MEANS x or ∙
  
• add, more than, plus, sum, increased by, added to, more MEANS +
  
• subtract, less than, minus, difference, decreased by, less MEANS -
  
• divide, divided by, the quotient MEANS ÷
  
• double, twice, twice as much MEANS 2x or 2 ∙
  
• half, half of, half as much MEANS ½ x or ½ ∙
  

A great math dictionary to use for preparing for the GED test is Usborne Illustrated Math Dictionary. It is a great bargain and less than $15.

GED Skill: Simple Interest

Pamela is taking out a car loan for $12,500 at 6.75% interest for 7 years. How much interest will she pay and how much will her monthly payments be ?
Answer: To find out how much interest Pamela will pay, use the simple interest formula of principal x interest x time: $12,000 x .0675 x 7 = $5670. WOW that's a lot!

To find out how much her monthly payments will be, add the principal and interest ($12,000 + $5670 = $17,670) and divide it by the total months (12 months x 7 years = 84). Finally, divide $17,670 and 84. The monthly payment will be $210.36.