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Bad White [126]
3 years ago
5

The formula for interest is I=Prt. Describe what these letters stand for. Is the formula the same if you are charged interest on

a purchase, like when you earn money in a savings account? Once you have the numbers, how do you solve the formula for interest?
Mathematics
1 answer:
prisoha [69]3 years ago
7 0

Answer:

I stand for interest

P stand for principle

R stand for rate

T stand for time

There are the same.


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