The absolute value is the positive magnitude of a particular number or variable and is indicated by two vertical lines: \(\left|-5\right| = 5\). In the case of a variable absolute value (\(\left|a\right| = 5\)) the value of a can be either positive or negative (a = -5 or a = 5).

The yearly interest charged on this loan is the annual interest rate multiplied by the amount borrowed:

interest = annual interest rate x loan amount

i = (\( \frac{6}{100} \)) x $1,300
i = 0.06 x $1,300

No payments were made so the total amount due is the original amount + the accumulated interest:

You have 9 out of the total of 450 raffle tickets sold so you have a (\( \frac{9}{450} \)) x 100 = \( \frac{9 \times 100}{450} \) = \( \frac{900}{450} \) = 2% chance to win the raffle.

To divide fractions, invert the second fraction and then multiply:

\( \frac{3}{5} \) ÷ \( \frac{1}{5} \) = \( \frac{3}{5} \) x \( \frac{5}{1} \)

To multiply fractions, multiply the numerators together and then multiply the denominators together:

\( \frac{3}{5} \) x \( \frac{5}{1} \) = \( \frac{3 x 5}{5 x 1} \) = \( \frac{15}{5} \) = 3

A factorial has the form n! and is the product of the integer (n) and all the positive integers below it. For example, 5! = 5 x 4 x 3 x 2 x 1 = 120.