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Jahmeel is missing the rate from his simple interest problem. He knows the interest,principal and time. How can he rewrite his simple interest formula to find the rate? (Simple Interest formula I=prt)
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Jahmeel is missing the rate from his simple interest problem. He knows the interest,principal and time. How can he rewrite his simple interest formula to find the rate?

(Simple Interest formula I=prt)

User Anar Sultanov
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5.2k points

1 Answer

3 votes
Rate = l/pt = interest/ principle amounts into time



User Hazim
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