What does the simple interest stand for? Interest = Principal x Rate x Time Interest = Per unit x Rate x Time Interest = Price x Rate x Total Interest = Principal x Rest x Total…

Question

asked Feb 9, 2022 216k views

1 Answer

Armine · Answer 1 · 2022-02-16T06:52:27+0000

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Answer:

(a) Interest = Principal x Rate x Time

Explanation:

The letters in the simple interest formula ...

I = Prt

stand for ...

Interest = Principal x Rate x Time