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The formula A=P(1+r)t is used to show the total amount owed for a loan with a simple annual interest rate. Solve for r.
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The formula A=P(1+r)t is used to show the total amount owed for a loan with a simple annual interest rate. Solve for r.

User Yasser Souri
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1 Answer

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A=P(1+r)t A÷Pt= 1+r A÷Pt-1= r.
User Tomer Vromen
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