Answer:
p=Irt
Step-by-step explanation:
where p is the principal mount of money to he invest at an interest rate R % per period for t number of time period.
Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.
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