Michael borrows money from his uncle, who is charging him simple interest using the formula I = PRT. To figure out what the inte
rest rate, R, is, Michael rearranges the formula to find R. His new formula is R equals
A) R = PTI
B) R= PT/I
C) R = I/PT
D) R = P/IT
1 answer:
Answer:
c
Step-by-step explanation:
formula l=PRT
bring PT to right side we get
l/PT = R
or
R=l/PT
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