3 years ago

How do you do simple intrest?

2 answers:

6 0

I = p*r*t, where:

i is the interest earned, a dollar amount
p is the principal, the original dollar amount
r is the interest rate, expressed as a decimal fractin
t is the number of years.

Best that you post an actual problem, work on it and ask for feedback if need be.

Bezzdna [24]3 years ago

4 0

Use the simple interest formula: A = P(1 + rt)

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