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In the formula /=P-r-t, what does r stand for?

a. Rate: the percent that interest is paid annually as a decimal
b. Ratio: the size of the interest interval compared to time
c. Return: how much money you end up earning
d. Reserves: how much money you have in the investment
Please select the best answer from the choices provided
OA
OB
OC
OD

User Ptownbro
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1 Answer

2 votes
a. Rate: the percent that interest is paid annually as a decimal
User Nivlam
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