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How to do simple interest ?
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How to do simple interest ?

User Andrzej Sawoniewicz
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2 Answers

6 votes
Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.
User Bigwebguy
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3 votes

Answer:

I= PRT/100

Step-by-step explanation:

P= principal

R = rate

T= time

User Neicy
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