Simple Interest: i = Prt
i = interest earned/paid
P = Principal, or initial amount invested/borrowed (Present Value)
r = interest rate, percentage needs to be converted to decimal form
t = time (term), usually in years
Suppose you borrow $1200 for a term

The Cheapest-Link (Greedy) Algorithm
The idea here is to piece together a tour by looking at all the possible
links (weighted edges) and choosing the cheapest (lowest weight, cost)
link available wherever it is located on the graph. Unlike the nearest
nei

Weighted Graphs
Weighted graph a graph having numbers (weights) associated with
each edge in the graph.
In a traveling salesman problem, the locations are vertices, the costs
are weights, tours are Hamilton circuits, and optimal tours are
Hamilton circuit

Percents
Convert the following percentages to decimals:
a) 37%
b) 178%
c) 0.5%
d) 0.0075%
e) 6%
f) 8%
g)
h)
3
%
8
5
%
16
A kind math professor agrees to drop a students lowest quiz score. If the
student has scores of 7 out of 10, 13 out of 20, 11 out of 1

The Nearest Neighbor Algorithm (NNA)
The nearest neighbor algorithm is an example of an approximate
algorithm. Meaning, it will produce a solution (tour), but not
necessarily an optimal solution (tour). We are making a trade-off by
finding a solution that