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Sever21 [200]
3 years ago
8

What do the letters I and P and R mean in "IPRT"?

Mathematics
1 answer:
cupoosta [38]3 years ago
6 0
So P stands for principle which is the amount of the original investment, R stands for rate which is the percent but must be turned into a decimal, T stands for time for example if the time was in a certain amount of months then you plug that in with x/12, and lastly I stands for interest which is the original investment outcome ^_^
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