How to do simple interest ?

asked May 6, 2022 121k views

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6 votes

Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.

Bigwebguy answered May 8, 2022

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3 votes

Answer:

I= PRT/100

Step-by-step explanation:

P= principal

R = rate

T= time

Neicy answered May 12, 2022

by Neicy

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