Simple interest is a method of calculating the increase of an initial value at a constant rate of a period of time in years. This method could be used for things like loans that have a constant interest over a period of time.
Compound interest is a method of calculating the increase of an initial value at a constant rate over multiple period of time in any interval. This method could be used for things like investments that have a constant interest over a period of time
Percentages represent a portion of a whole quantity. A percentage is very similar to a fraction, the biggest difference is that a percentage uses the percentage symbol (%) and fractions use the division sign (/). The percentage can be used for multiple things like finding the discounted price on material, discovering the whole quantity in relation to fractional portion, and vice versa.
The slope in this section is in relation to the rate of change for a linear equation in two variables. The slope is calculated by using two points that are associated with the linear equation. When x1=x2, the slope will be undefined.