Math 109 Explorations Paper

Consumer Math Equations

Listed below are four equations that you may need for your Module 3, critical thinking assignment titled These are not easy to create, and are given here for you to copy and paste into your document. The variables within these equations can be replaced with numeric values, as needed. This editing is much simpler than creating your own equation.

However, you can also create your own equations. Word’s equation editor can be found in the Symbols group of the Insert tab. Clicking the Equation button in the Symbols group will insert an equation box into your document.

After inserting an equation box (or clicking on an existing equation box), the Equation Tools Design tab will appear on the Ribbon. This tab contains symbols and structures that can be used to create equations. Two commonly used equation structures are the “empty-box” symbols found by clicking the Fraction or Script buttons in the Structures group.

Simple Interest

Compound Interest

Annuity

Amortized Loan Payment