The formula for calculating simple interest is I = prt. Which is the equivalent equation solved for r? StartFraction I Over p t

Question

3 years ago

7

EndFraction = r StartFraction p t Over I EndFraction = r I minus p t = r I + p t = r

2 answers:

elena-s [515] · Answer 1 · 2022-04-14T18:56:40+03:00

7 0

Answer:

Answer: r = I/pt

Step-by-step explanation:

xxTIMURxx [149] · Answer 2 · 2022-04-14T16:58:16+03:00

xxTIMURxx [149]3 years ago

3 0

Answer: r = I/pt

Step-by-step explanation:

Interest divided by the principal × time gives the rate. It's usually expressed as a percentage per year.