What is the formula for simple interest?

Mathematics

2 answers:

Afina-wow [57]2 years ago

8 0

Answer:

A = P (1 + rt)

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years)

Step-by-step explanation: brainliest plz

Mandarinka [93]2 years ago

7 0

A = P(1 + rt)

The answer needs to be 20 characters but this is the formula for simple interest.

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