1. What is the simple interest formula? What do the variables stand for?

Mathematics

1 answer:

Alex73 [517]2 years ago

5 0

Answer:

Step-by-step explanation:

SIMPLE INTEREST: (SI) Amount of money paid or earned for the use of the other money paid. FORMULA: SI= P*R*T/100. PRINCIPAL: (P) The amount of money borrowed/invested.

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1. What is the simple interest formula? What do the variables stand for?​

1. What is the simple interest formula? What do the variables stand for?