Vocab

Vocab for the week:

Principal	The original amount of money being deposited or borrowed in an account.
Interest Rate	Interest is calculated based on a percent of the principal.  This is that Percentage.
Interest	The amount the bank pays you for the right to use your money.
Balance	The principal amount plus the interest earned will equal this.
Simple Interest	Interest paid only on an original deposit.

Student Teacher and Homework Reminder

It's been a great week!  I've been really impressed with how well we performed on the ER over scale drawings.  Don't forget to have Homework 2.4 and 2.5 done by Monday morning.  Problem number 15 on 2.5 is a tough one, so if you have trouble we are probably going to look at it on Monday. 

Ms.  Merrick was introduced this Friday and I know she is excited about getting to work with the class as my student teacher.  At some point maybe I will post a bio of her on the blog so you guys can get to know here a little bit better. 

Have a great weekend!!!