A few days ago
How do you find the simple interest?
Okay so it’s my first day back to school and we have math homework. It’s review but I can’t remember how to do it. So all I need is the basic concept of it like—- rate x deposit. Or something like that and then an example. If you could help me I’d be greatly appreciative.
Top 1 Answers
A few days ago
Favorite Answer
I=Prt
interest=principal x rate x time
principal is $$$ invested
rate is percent of interest converted to decimal form
time is in years
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